Mining technology. (February 24 2023)One year on: Confusion and conclusions from the Russian invasion.By JP Casey from: 

 https://www.mining-technology.com/features/russian-invasion-war-mineral-exports-ukraine/#:~:text=GlobalData%20predicts%20that%20the%20combined,demands%20of%20its%20domestic%20industries.

 

One year after the Russia invasion of Ukraine, confusion and uncertainty still linger while some conclusions have emerged. The global mining industry has been significantly affected by this geopolitical event. The invasion disrupted supply chains and caused a decline in the production of key minerals, particularly those sourced from Ukraine and neighboring regions. As a result, prices of commodities such as iron ore, coal, and rare earth elements skyrocketed, impacting industries reliant on these resources worldwide. The mining industry has had to adapt by seeking alternative supply sources and diversifying their portfolios. Additionally, geopolitical tensions have prompted countries to review their dependencies and consider strategies for securing critical mineral resources independently or through partnerships.

 

The article “One Year On: Confusion and Conclusions from the Russia Invasion” delves into the impact of the Russia invasion of Ukraine on the global mining industry and its connection to environmental science. It explores how the invasion disrupted supply chains, leading to a decline in mineral production and a subsequent surge in commodity prices. This disruption has implications for environmental science as it highlights the vulnerability and fragility of global mineral supply chains. It underscores the need for sustainable mining practices and the exploration of alternative sources to reduce dependence on regions prone to geopolitical conflicts. My reaction to this is I learned that events around the country can affect other people and its environment by itself and created an impact on the industry and a set back.