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Scientific Article details

Title Towards Improved Circular Economy and Resource Security in South Korea
ID_Doc 849
Authors Lee, K; Cha, J
Title Towards Improved Circular Economy and Resource Security in South Korea
Year 2021
Published Sustainability, 13, 1
DOI 10.3390/su13010017
Abstract This study explores the importance of critical raw materials and minerals by analyzing the Republic of Korea's recent circular economy and resource security policy. Raw materials and rare metals are becoming increasingly significant to the Korean economy because the country is currently shifting away from fossil fuels and nuclear power towards renewable energy resources as well as transforming its industries towards decarbonization, digitization, and automation. Korea is a resource-poor country and is heavily dependent on imported minerals and rare earths, which are essential for its economy and new industry. Responding to these challenges and concerns, Korea is moving towards a sustainable circular economy and achieving greater resource security. Despite certain limitations, this transition would ultimately contribute in preparing Korea for current and future challenges in the areas of critical raw materials and minerals.
Author Keywords circular economy; critical raw material; critical mineral; resource security
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000606379700001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
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