Resource Security Flashcards
What is a resource?
A stock or supply of something that has a value or purpose.
What is a stock resource and a flow resource?
Stock resource - finite number of it - takes millions of years to form.
Flow resource - Infinite - can be replenished renewed.
What are the 4 types of resources?
Inferred - Economic viability uncertain
Possible - Expected that inferred resource could become indicated with exploration
Indicated - Conditions and location of resource predicted to allow initial planning
Measured - Detailed mine planning possible.
What is exploration?
Searching an area for available resource, then upgrading resource from inferred to measured if appropriate.
How is economic viability of resource determined?
Grade of deposit - High grade more valuable, Quantity and how difficult current deposits are to exploit.
Geological structure of ground - Close to surface easier to extract
- Resistant rock more expensive to extract
Proximity to markets
- Often bulky, costs in transportation.
- More expensive materials this is less important.
What is a resource frontier?
an area where resources are brought into production for the first time.
What is a resource peak?
Time when the maximum production rate of a resource occurs - production declining in subsequent years.
Usually shows bell shape on graph, some exceptions - US Crude Oil.
What influences the peak production?
- Availability & discovery of reserves
- Development of new tech
- Demand for resource
- Grade of available resource.
What is sustainable resource development?
Long term planning ensuring extraction does not increase too quickly.
What is the Environmental Impact Assessment?
Assess possible environmental impacts of resource development project - Completed before project is approved.
What is the purpose of an EIA?
To suggest ways to mitigate / reduce impacts of a project.
- Project declined if environmental impact considered too high.
Create EIS (Environmental Impacts Statement)
What is included in EIA’s?
- Project Descriptions
- Alternatives
- Description of environment
- Environmental Impacts and mitigations
- Non-technical summary for public
- Research into potential impacts.
What is an SEIA and state a company as an example.
Social and Environmental Impact Assessments
Further improves upon EIA involving cost-benefit ratios.
TNC Rio Tinto
What is a mineral?
Naturally, non-organic, occurring compound formed by chemical processes (Copper, iron, diamonds)
Normally found in veins within igneous rock - sometimes requiring heat and pressure.
What effects has advances in tech had upon mineral demand?
Increased global demand
Change in trading patterns.
Global trading network formed - Tech made in Asia, sold in Europe / States.
How is the effects of mineral extraction being managed?
- Water sprayed in mines to reduce dust pollution
- Choosing where to and where not to mine
- On-site processing to reduce emissions of transportation.
How is the effects of mineral transportation being managed?
Driverless trains and trucks in Rio Tinto - More efficient than humans, reduce carbon emissions.
Increasing ship capacity and using more efficient fuels.
How is the effect of Processing minerals being managed?
Rio Tinto - New process for creating aluminium - Oxygen only bi-product
Powering via solar energy
How has global freshwater resources changed?
How are they predicted to change in the future?
Freshwater resources per capita decreased from 13,200 to 6,000 cubic meters.
- 60% decrease.
Increase in water demand by up to 55% by 2050
What is water stress?
Demand for water exceeds amount of clean, non-polluted available during a period.
How is water stress enhanced?
- Pollution from manufacturing
- Stress from increased abstraction
- Quality decrease through eutrophication.
What is water scarcity?
When annual renewable water supplies drop below 1000 cubic metres per capita.
What are the 3 types of water scarcity?
Economic:
- Enough water available, though un-exploitable due to economics.
Physical:
- Demand of population exceeds available water
Absolute:
- Less than 500 cubic metres per person in country.