Rising imbalance between supply and demand of strategic metal minerals:A study based on wind power industry
With the transformation of China's energy structure,the installation scale of wind power continues to expand and the demand for strategic minerals in all segments of the wind power becomes a strategic issue of the high-quality development of China's wind power industry.In this paper,a generalized Weng's model is used to forecast the production and simulate the mining paths of seven raw metals required to cultivate the wind power industry chain:neodymium,praseodymium,terbium,dysprosium,molybdenum,nickel and copper.At the same time,the future demands for the aforementioned seven raw metals are calculated under different scenarios where market share,technological progress and recycling are taken into account.Based on this,the supply and demand status of strategic metal mineral industry chain is analized and policys to promote sustainable supply of strategic minerals for the power industry chain are suggested.
generalized Weng modelwind powerstrategic metal minerals