A Copula–Hubbert Model for Co (By)-Product Minerals
A Copula–Hubbert Model for Co (By)-Product Minerals
复制标题
钴(副)产品矿物的 Copula–Hubbert 模型
DOI:
10.1007/s11053-020-09643-1
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发表时间:
--
影响因子:
5.4
通讯作者:
Yongguang Zhu
中科院分区:
文献类型:
--
作者:
Deyi Xu;Yongguang Zhu
Production of major minerals and co(by)-product minerals is highly connected. For example, almost 95% of indium production can be derived from zinc mining and processing. In this paper, a Copula–Hubbert model for co(by)-product minerals is proposed and applied for predicting zinc and indium production in the world. Unlike the Hubbert model, a copula function to joint multiple logistic distributions in the Copula–Hubbert model makes the minerals’ production more accurate. Because of geological and mining information asymmetric relationships among mineral deposits, the model is more appropriate to by-product minerals. The empirical result shows that the peak of zinc may arrive in 2030 nearly; however, the peak of indium may reach after 2050. In the future, the peak value and peak date of indium can be affected by the development and utilization efficiency of zinc mining and processing. Finally, some directions on this model are introduced.