EFFECTIVE MINERAL POLICY AS A KEY FACTOR FOR SUSTAINABLE ECONOMY

The paper analyzes the changes in commodity market distortions, competing land use types, raw material demand for development, and rapid diffusion of key enabling technologies meeting the requirements of constant, dynamic development of major European industries. The author gives the relationship between the dynamics for mineral resources consumption growth, and changes in the conditions of production of these resources. Contains a critical review of methods for predicting the mineral resources dependency, including an estimated forecasting method based on guidelines for the evaluation of needs for natural resources and their substitutes. One of the principles is comprehensive and integrated resource recovery. In a nutshell, this new approach argues that any operation should disturb a mine site only once and extract all useful materials using an optimised integrated flowsheet. This principle also requires that all by-products and residues are (re)used and that by-products and tailings at the end of life to be ‘future-proofed’, i.e. they should retain their ability to continue to be of value into the distant future where technology/economy may make feasible their use. It is noted that access to and affordability of mineral raw materials are crucial for the sound functioning of the EU’s economy. A new 2020 list of critical mineral raw materials is presented and ways to compensate for the CRM deficit are described in detail. Separately noted that the mineral policy is needed to be meticulously treated to facilitate company investment security, streamline permitting and access to minerals in a line with the European Green Deal, the Circular Economy Action Plan, the Bioeconomy Strategy and the European Industrial Strategy. Concerning, the latest steps towards Europe economically resilient by a framework for raw materials and the Circular Economy – creation of European Raw Materials Alliance recognized as particularly effective. Global Industry Standard on Tailings Management represented as a robust, fit-for-purpose international standard for the safer management of tailings storage facilities. The argument is given that since the land issue is one of the most delicate in a densely populated areas heavily dependent on agriculture, housing, infrastructure or other nonmineral development, a fair and equitable distribution of land is important for a mineral perspective. There is also the need for strategic and open network between political, industrial and local communities through the exchange of information to enhance knowledge, experience and skills between stakeholders. Social acceptance of that idea is a fundamental element that must be addressed to develop a confl ict-free area for mineral development activities. The conclusions indicate that we would like to emphasize that the main task of today is to create an effective system for monitoring the movement of raw materials along the entire added-value chain. The ability to quickly identify and respond to challenges in mineral policy will provide leadership in EU strategic technologies and industries. This process has already started with the creation of the European Raw Materials Alliance ERMA. State institutions, businesses, scientific institutions, and civil society in the close dialogue are able to ensure sustainable development and security of civilization as a whole.