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Hannover, Germany

Steinbach V.,Deutsche Rohstoffagentur | Graupner T.,Deutsche Rohstoffagentur | Klimesch L.,Deutsche Rohstoffagentur | Wilken H.,Deutsche Rohstoffagentur
World of Metallurgy - ERZMETALL | Year: 2011

Although Germany has a substantial potential for domestic mineral resources, e.g. aggregates, potash, salt or lignite, it is highly dependent on imports for energy resources and metallic raw materials. This is of crucial importance for automotive and mechanical engineering as well as for emerging technologies of the energy, electronical and IT industries. In 2010, the total value of Germany's raw material imports was nearly € 110 billion, with approx. € 40 billion for metallic raw materials. This heavy dependence on the global commodity markets and the increasing distortions in trade and competition may cause substantial problems with the development and market launch of innovative products. Hence, enhancing transparency in the commodity markets represents an essential task for DERA. In addition, DERA will advise companies on reducing their commodity supply risks by diversifying their sources of supply, particularly with regard to long-term supply agreements with important raw material producers, as well as entrepreneurial commitment to explore for and produce raw materials. And DERA will develop methods for the efficient development and extraction of deposits of mineral and energy resources and identify raw material efficiency potentials based on material flow analyses.

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