PPT Slide
Impact of Demand on Mineral Values
Diamonds
- both rare and in demand, prices high
Copper
- in demand but not rare
- demand tied to swings in the economy, price varies
Uranium
- rare, in demand in the 1980’s for nuclear power plants, prices were high
- now nuclear power unpopular, so demand is low
Molybdenum
- was in high demand when steel industry was strong
- demand is increasing as new uses are found