ore grade (concentration of mineral)

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Presentation transcript:

ore grade (concentration of mineral) land availability ore grade (concentration of mineral) regulations resources needed (water, energy, labor, etc.) mining/ processing technology distance to market mineral resource is determined by things like mining/processing cost if value exceeds mining cost, becomes if too high, consumers or product makers seek substitute mineral/ product value/ price if low, might increase use lowers mineral reserve when higher, will increase the when lower, will cause a drop in when higher, lowers the when lower, increases the is mined to increase consumer demand decreases when used in if desirable, will increase mineral supply are developed to use technology/ products adds to if positive, will increase about about consumer opinions/ preferences recycled/reused mineral if negative, will cause consumers will seek