New mercantilism: A perspective on how politics is shaping world metal supply

摘要: Abstract The major countries consuming metals tended historically to be also the producing them. It was in their interest promote mine development provide low cost raw materials. Over past fifty years, share of global production accounted for by has declined and producers consumers have been slowly moving into separate camps having distinct differing interests. As a consequence this, governments become more focused on how maximise benefit metal extraction economies rather than supply cheap materials; tendency which found expression resource nationalism. Governments response increasingly concerned about implications this economic some countries, most notably China, adopted robust policies secure supplies. Through actions influence capital flows within mining industry force trade channels better serve national interests (a process characterised here as ‘new mercantilism’), are reshaping supply.