Phillip Crowson

Honorary Professor and Member of CEPMLP Global Academic Team

Biography

Phillip Crowson is an Honorary Professor and a part-time Professorial Research Fellow at CEPMLP.

Born in 1939 in Folkestone, Kent, Phillip was educated at Reed's School, Cobham, Surrey, and at Fitzwilliam College, Cambridge, graduating with first class honours in economics. He is married, with three children. He first worked as an economist in the UK chemicals industry, for Distillers (1961-67), for BP Chemicals (1967-68), and for Albright and Wilson (1968-71). ln l964 he was seconded to the National Economic Development Office (NEDO). He joined the Economics Department of The RTZ Corporation in July 1971, and became the company’s Chief Economist in May 1981. He retired from Rio Tinto Limited (then known as RTZ-CRA) at the beginning of 1997. Until his retirement he was a director of several Rio Tinto subsidiaries, and he took an active role in many industry organisations, including the European Copper Institute (Chairman), and the Mining Association of the United Kingdom (President). Mr Crowson served as an Invited Director of the London Metal Exchange for a maximum possible twelve year term until May 2000, He is the Chairman of both the LME’s Special Committee and Physical Markets Committee and was made an Honorary Member of the London Metal Exchange in October 2009.

He edited the publication "Minerals Handbook", the tenth edition of which was published in May 2001, is the author of "Inside Mining. The Economics of the Supply and Demand of Minerals and Metals", published by Mining Journal Books in November 1998, “Astride Mining. Issues and Policies for the Mining Industry”, published by Mining Journal Books in October 2003, and “Mining Unearthed”, published by Aspermont UK in December 2008. He edited ‘Managing Metals Price Risk with the London Metal Exchange’, published by the LME in late 2000 and with Catherine Markey edited  a more recent version, “The Official LME Guide to Managing Metals Price Risk, published in September 2011. He has written many published papers and articles on aspects of the mineral industries, including contributed chapters to several books, and he also lectures frequently.

 

Teaching

Teaches both On-Campus and Distance Learning Modules for:

Mineral Resources Policy and Economics

All too often mineral policies are developed without any proper understanding of the economic forces which influence all aspects of the mineral industries. Unless they work with those forces, rather than against them, policies are doomed to fail, no matter how well-intentioned or desirable they might appear. Whilst the various sectors of the hard-rock mineral industries share common features, each is influenced by different factors. This course explains, in a straightforward and common sense fashion, the main characteristics of the major sectors and the many forces working on demand, supply and prices. It is often overlooked that mining is primarily an economic activity. The lectures and notes bring out the various conflicting aims and objectives of all concerned with the industries and give an overall view of the economic context for all the legal and policy issues facing the minerals industry without becoming unduly enmeshed in whatever is presently of fashionable concern.