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Mineral Supply and Demand
World population is growing faster than at any time in history, and mineral consumption is growing faster than popu
lation as more consumers enter the market for minerals and as the global standard of living increases. Does this mean
that we will face a mineral supply crisis in the 21st century? If so, can we solve this mineral supply crisis by increased min
eral exploration, and will this exploration require more geological information and better land access? Answers to these
questions must be based on predictions of world demand for minerals into the 21st century, along with a better understand
ing of the relation between global mineral reserves and those in individual deposits. Where, exactly, are our future mineral
reserves and what do we know about them?
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