On the spatial dimension of the circular economy

The concept of a "circular economy", in which material in society is regarded as "a transient phase in anthropogenic resource utilization", is a growing topic for discussion. The primary motivations for supporting a circular economy include a reduction of environmental impacts and conservation of natural resources. Australia is a vivid example of a country whose large metal extraction capacity is not balanced as it has neither an extensive product manufacturing capability nor a large domestic market. Consequently, Australia must rely on the global resource network to achieve circularity and carbon neutrality. This work illustrates this situation with quantitative material flow cycles for Australian aluminum, nickel, copper, zinc, and stainless steel, and comments on the implications of the results for Australia and for circular economy prospects more generally.