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Network analysis shows systemic risk in mineral markets

2015-11-16 04:01:00| Climate Ark Climate Change & Global Warming Newsfeed

ScienceDaily: A shortage of a rare mineral could spur global market instabilities, according to a new analysis of international commodity trade networks. Shortages of natural resources--minerals such as copper, aluminum, and mercury--could lead to cascading shocks and lead to instabilities in the global trade system, according to a study published today in the journal Science Advances. Mineral resources are increasingly important in the production of modern devices such as mobile phones and medical technologies....

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