Illustrative: critical-mineral routes from mines to refiners, between generated places

Risk Academy, led by the Nexus Consortium · Infrastructure, Energy and Industry

Critical minerals, mining and extractives

The discipline covers mining and extractive industries, critical minerals for the energy and digital transitions, tailings and structural safety, commodity price risk, and the social and environmental risks of extraction and closure.

Map critical minerals, mining and extractives on a real place

01Model

The model, step by step

The model

From a concentrated supply to a price spike: how a lost mine moves a market, and what a stockpile buys

DataModelGateDecisionStandard it teachesStandard it relies onNeighbouring discipline

6 steps
Price rise with no stockpile (%)
100%
Concentration index (HHI, 0 to 10,000)
4,531
Share of annual demand the stockpile covers (%)
8.3%
Uncovered shortfall over the year (%)
6.7%
/

The model From a concentrated supply to a price spike: how a lost mine moves a market, and what a stockpile buys

02Scope

What the discipline covers

The subtopics its courses and labs teach.

Critical minerals, mining and extractives: 0 primary courses open, 2 in preparation and 1 also taught here, across 8 subtopics. Courses: RAN-312 L2 in preparation, RAS-416 L2 in preparation, RAT-219 L2 also taught here.RAN-312RAS-416RAT-219
Critical minerals, mining and extractives at a glance
  • Open, 0
  • In preparation, 2
  • Also taught here, 1
  • Subtopics, 8
Course codes from the curriculum; study levels L1 to L4.
Courses
In development
Levels
L2 Intermediate
Labs
Map lab, Exposure lab
  • Critical minerals supply
  • Mining operations and safety
  • Tailings storage facilities
  • Commodity price risk
  • Resource revenues
  • Community and human rights risk
  • Mine closure and legacy
  • Responsible sourcing

Courses in development extend the scope to one further subject: Critical minerals supply risk.

03The discipline

The field and its scope

For analysts, procurement and sourcing staff, mining engineers, regulators and investors who need to assess mineral supply concentration, tailings and operational safety, commodity price exposure and the social and closure liabilities of extraction.

04Measures

Quantities and units

05Methods

Methods and their limits

Each method is listed with what it assumes and where it fails.

06Debates

What the field debates

07Bodies and data

Bodies that set practice, and the data they publish

Bodies and standards are named so learners can find and apply their published work; the Academy teaches their use and links to the publisher, and no affiliation is implied.

08Simulator

Run the discipline's simulator

Critical minerals, mining and extractives's own model, as a live chart: move each parameter and read how the outputs respond.

09Maps

Maps and the globe for any place

Search any place or open the world; the layers and generators follow critical minerals, mining and extractives on the planet map, the globe and in 3D.

The boundaries, names and designations shown do not imply any judgement on the legal status of any territory, or any endorsement or acceptance of such boundaries. Countries: Natural Earth (public domain).

10Nexus Standards

Nexus Standards it teaches and relies on

The Nexus Standards the discipline teaches toward, grouped by master standard, with the disciplines that teach each.

11Research hub

Research hub: papers, preprints and datasets

Open scholarly sources searched with the subject terms of Critical minerals, mining and extractives.

Search termsCritical minerals, mining and extractives; Critical minerals supply; Mining operations and safety; Tailings storage facilities; Commodity price risk; Resource revenuesDerived from the Risk Academy page on Critical minerals, mining and extractives.

  • OpenAlexlisted for reference; not queried
  • Crossreflisted for reference; not queried
  • DataCitelisted for reference; not queried
  • Zenodolisted for reference; not queried
  • arXivlisted for reference; not queried
  • Europe PMClisted for reference; not queried
  • OpenAIRE Graphlisted for reference; not queried

No source is enabled for live display on this site yet: the sources are listed for reference and none is queried. Once the publisher of record enables a source after its terms are reviewed, recent works are listed here. Metadata and links only: title, authors, venue, year, type, open-access status and licence as each source records them; works are listed for orientation, not reviewed or endorsed.

12Hub

Research and tools

Research and preprints as they are published, by discipline, with the faculty's other tools.

The hub lists the newest research and preprints for Critical minerals, mining and extractives, each with its source and date. Open the research hub

13Methods and standards

Methods, frameworks and hazards

From the Academy's risk taxonomy: the discipline's own entries and those of its primary courses, with how many courses teach each.

Hazard families

  1. Dam and structural failure1 course
  2. Inflation and commodity price shock1 course
14What is changing now

What is changing now

Recent developments in critical minerals, mining and extractives, each with its source; sources checked on 16 October 2026.

15Courses

Courses in this discipline

Courses for this discipline are in development; until they open, study it through the connected courses and open lessons below.

Courses with this primary disciplineIn development

  1. RAN-312Mining and Extractives RiskIn developmentNexus, L2 Intermediate, 10 hours (estimate)
16Also taught here

Courses from connected disciplines that also teach this field

Each course has its primary discipline elsewhere and teaches this field as part of its scope.

From connected disciplinesIn development

  1. RAT-219Process Safety: HAZOP, Bow-tie and LOPAIn developmentTechnical, L2 Intermediate, 10 hours (estimate), primary discipline: Technological, industrial and Natech hazards
17Labs

How the subject is practised in labs

LabWhat you do in itCourses using it
Map labRead hazard, exposure and boundaries on real maps1
Exposure labOverlay people and assets with hazard footprints1
18Technology in this area

How technology helps and what risk it brings

AspectIn this area
Technology that helpsTraceability and distributed ledgers.
Risk technology createsExposure to chip and export controls, and concentration in critical minerals.
  • RAS-430 Dual-use Technology, Export Controls and Compute Governance In development
  • RAS-416 Critical Minerals and Transition Supply Risk In development
  • RAN-371 Distributed Ledgers and Tokenisation in Finance and Supply Chains In development
19Achievements

Achievements in this discipline

21Where this is practised

Where the subject is practised

Field platforms of the ecosystem where the subject is studied and applied.

22Practised in

The two Nexus Foundry systems where it is practised

  • Nexus FoundryGRIx systemConcentration and substitutability of supplyCascades room
  • EOP systemMining footprints can be seen from orbitChange room

Nexus Foundry system pages describe what each system and its rooms are designed to do; the courses teach the methods these systems apply.

23Across the ecosystem

Across the ecosystem

25References

Core references and where to begin

Start with Graedel, then Sovacool, then Rico.

NRNexus Reports gateway · GW-ACADEMY

Contribute to Nexus Reports from this page.

Nexus Reports is the Consortium's quarterly publication. What you know about this subject can become evidence, a case or a correction in the next edition, credited to you and published under CC BY 4.0 where it is your own work.

Risk Academy
Critical minerals, mining and extractives

Prepare with a related course

Open courses in connected disciplines teach the methods this discipline will build on.

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