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In general, mining is very responsive to price signals. If a given commodity becomes dear, prices go up, and mining recommences. A couple of years later, all is
by shaqbert 9y ago
In general, mining is very responsive to price signals. If a given commodity becomes dear, prices go up, and mining recommences. A couple of years later, all is back to equilibrium.
Our planet is fully of all elements. True, some deposits have higher grade ores, right on or underneath the surfaces, and are more accessible via transport links than others. It all comes down to price.
- aaronblohowiak 9y agoHelium, on the other hand...
- sephamorr 9y agoA similar thing is happening with helium too. The concern over the impending closure of the US National Helium Reserve prompted people to start looking, and the results are already promising: https://www.bloomberg.com/news/articles/2017-11-07/tanzania-helium-find-may-be-double-first-estimate-explorer-says https://www.bloomberg.com/news/articles/2017-11-07/tanzania-...
- leggomylibro 9y ago...is mostly released instead of being collected from reactions like producing LNG because it is currently so cheap, but could be captured, recycled, or 'mined' in much higher quantities/efficiencies if prices went up? I could be wrong or facile, but it still sounds pretty similar.