Tag: quantify

First study to quantify global earthquake risk to mineral supplies
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First study to quantify global earthquake risk to mineral supplies

GOLDEN, Colo.  —  A new scientific mechanism for assessing the potential risk to worldwide mineral commodity supplies from seismic activity has been developed by USGS scientists. The methodology was developed through studying copper and rhenium but provides a framework for future studies assessing many other mineral commodities around the globe.  Earthquakes have the potential to substantially affect mining operations, leading to supply chain disruptions that adversely affect the global economy. This new study quantifies that risk to copper and rhenium supply by examining the impact of earthquakes on mining, smelting, and refining operations across the globe. Many of the largest