From the benefits of micro to the threats of nano for the ore-mining and ore-refining sectors

Nanotechnology is developing fast, with much impact on a wide variety of industries. It is likely that current and future developments will result in the possibility to economically manipulate materials on a nanoscale. This will bring advantages on the one hand, as a further step forward after the development of technologies on a microscale, but it may also result in developments that make several now economically important activities largely, if not entirely, superfluous. The present-day progress in the field of recycling waste, in combination with developments that may make energy available in sufficient quantities at an acceptable price level, might result in technologies that isolate valuable compounds from waste at a nanoscale, thus, taking over the role of the mining industry as a provider of raw materials. It is suggested that the mining industry becomes strongly involved in nanoscale research, in order to combine their knowledge of ore properties and extraction methods with the knowledge of nanotechnological engineers about how to manipulate individual compounds. This may provide a chance for the present-day ore-mining and ore-refining companies to survive in a world that would otherwise probably not manage to supply sufficient raw materials for the Earthʹs growing population, which also will strive for a rise in the average standard of living.