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By J. Seidel

In 2009 Newmont Mining Corporation’s annual global spend on grinding media reached $94M USD, having doubled in the five years since 2004. The major contributing factor to the spend escalation during this period was unit consumable price, with total media consumption also rising as a function of annual ore tonnes milled. In an effort to better understand and manage the growth of this expenditure a significant supply chain management program was implemented. This was complemented by a series of technical initiatives focussed on grinding media specifications, quality management and the prediction of grinding media wear rate as a function of physical ore characteristics. This paper discusses the methodology and outcomes of these activities.

Jan 1, 2012

By T. Grammatikopoulos, SGS Canada Inc.

"The Nechalacho rare metal deposit, located in the Northwest Territories, Canada, is currently being taken through Feasibility Study by Avalon Rare Metals Inc. QEMSCAN analysis and supplementary electron microprobe analysis were utilized to identify and quantify the mineralogy of the deposit, and determine REE distribution among the minerals. QEMSCAN mineralogy was performed to provide textural information on the mineralization, determine the variability of the ore and identify REE domains, and the liberation and association of the REE minerals. The sample matrix consists predominantly of silicate minerals. The REE minerals include allanite, monazite, synchysite, columbite, fergusonite, and bastnaesite. Zircon is present in considerable amounts and is a REE carrier. Fergusonite and zircon account for most of the HREE, and monazite, allanite, synchysite and bastnaesite the LREE. QEMSCAN mineralogical data is extremely valuable in assessing the mineralogy of the ore. The data are implemented to define the mineralogy of the ore body, support metallurgical test work, and predict recoveries and grades.INTRODUCTIONThe term rare earth elements (REE) is used to describe the 15 lanthanide elements or metals and, more recently, the metals yttrium and scandium, which display similar physical and chemical properties.Economic and potentially economic REE deposits form two main groups, a more commonly occurring “light rare earth element” (LREE) group containing lanthanum, cerium, praseodymium, neodymium, and samarium and a less commonly occurring “heavy rare earth element” (HREE) group which, in addition to the LREE, contains elevated concentrations of the more valuable REE, europium, gadolinium, terbium, dysprosium, holmium, yttrium, erbium, thulium, ytterbium, lutetium and scandium. The first group is hosted primarily by carbonatites and the second by highly alkaline (Na + K > Al) silicate igneous rocks. The LREE are produced mainly from bastnaesite, monazite, etc., while HREE are produced almost exclusively from low-grade secondary ion adsorption clay deposits in which the REE are adsorbed onto the surfaces of kaolinite and halloysite, clay minerals produced by the weathering of granite and sediments. HREE are also found in fegusonite, zircon, xenotime, etc but are not produced presently from these minerals. China is responsible for 97% of the World’s production of the REE, mainly from the giant Bayan Obo, carbonatite-related deposit and from the clay deposits mentioned above.Quantitative automated mineralogy is increasingly being applied to ore deposits. It helps users to understand and improve mineralogical parameters for geological and metallurgical purposes. Data include textural characterization, to quantification and distribution of ore and gangue minerals, liberation and association of the REE minerals. The data can be used to define mineralogical domains and predict the metallurgical response of the ore (Gunning, de Souza, & Grammatikopoulos, 2009)."

Jan 1, 2012

By H. Ogasawara

Information on rock stress is important for safe mining in seismically active ground. On a major gold mine, a few tens of crews are continuously conducting geological drilling with small pneumatic machines. However, stress measurements are not often carried out in South African deep-level gold mines. One of the reasons is the drilling diameter that overcoring requires, which is much larger than the diameters used in regular geological drilling, e.g. Boart Longyear Metre Eater, which drills AQ or BQ holes. Larger diameter holes result in slower drilling advance, more load in transportation and handling at sites, and higher cost. In order to enable overcoring in BX size (60 mm diameter), we modified the compact conical-ended borehole overcoring (CCBO) technique that has been suggested by International Society for Rock Mechanics (ISRM) and was originally designed for NX drilling (76 mm diameter). With a single overcoring, the 3-D stress tensor can be determined. We tested this modified method at a depth of about 3 km at Moab Khotsong mine in South Africa. We worked with drilling crew who usually work at geological drilling with the Metre Eater. In January 2011, we tried using regular geological drilling tools (a sequence of a normal BX bit, reamer, and rod) without success. In August and September 2011, introducing stabilizers and thin BX bits, we succeeded. We could complete a cycle of procedures necessary for an overcoring, including shaping the borehole-end conically, glueing a 16-element strain cell, and overcoring, within 2.5 hours. Only 10 cm overcoring is needed, which increases the chance of successful overcoring in heavily fractured conditions. This modified method is suitable for up-dip holes to depths of 10-15 m from tunnels, and has the potential to be widely used at the initial stage of geological exploration drilling at many localities.

Jan 1, 2012

By Jörg Buchmayer, Menno Eisenga, Erik Muijsenberg

"In the past decade, advanced multiple input/multiple output (MIMO) process control systems have found their way into high temperature melting processes. Today a growing number of high temperature melters have been equipped with a supervisory control system. Daily regulation of fossil fuel firing and electric energy supply to stabilize temperatures is no longer in the hands of the operator, but fully taken over automatically by the ES III™ MPC controller, which provides consistent process control, 24 hours per day, focused to operate the entire glass production process in the most efficient way. The presentation will show practical results and benefits achieved in the high temperature glass and cement industry.IntroductionThe Expert System, either version ESII™ or ESIII™, provides supervisory multi-variable model based predictive control in time and space This definition is not very understandable to people who are not familiar with advanced process control, thus let's try to explain it word by word.The word supervisory means that the Expert System implementation preserves the primary control level: all devices (PLCs, internal switches) as well as up to date control mechanisms (PID loops, availability to change inputs manually). ES III™ can even use primary control level elements as part of the advanced process control.The next word, multi-variable, means that multiple inputs can be handled at the same time to affect multiple outputs. This property is very important for supervisory control of the glass melting and conditioning processes. For example, in a float furnace the total amount of gas is only one of the inputs that affect the crown temperatures. The next one is batch feed rate. And batch composition (the next one) is maybe even more important. An ambient temperature also correlates with crown temperatures. So it can be concluded that crown temperatures are affected not only by one variable ""total gas"", but by many more. On the other hand, there are usually several crown temperatures with different importance for process control. And we have not discussed yet the effects of glass level, canal temperatures, oxy-boosting, etc. All of them affect (or are affected by) process control too. Overall, the process control is a complex problem where multiple inputs and outputs play strongly together at various levels of importance."

Jan 1, 2012

By C. J. K. Purdy, H. E. Jamieson

"The comprehensive assessment of the environmental impacts of mining rare earth element (REE) deposits depends on a sound knowledge of the mobility of REEs in low-temperature aqueous environments. Temperature, pH and water chemistry are important factors controlling the aqueous mobility of REEs, while REEs are known to readily form complexes with both inorganic and organic ligands, and it has been shown that sorption and colloid formation may play an important part in dictating REE transport in the low temperature weathering environment. Ore and host rock mineralogy is also a key factor controlling the extent to which REEs are leached from mine waste. INTRODUCTIONThe aqueous mobility of rare earth elements (REEs) has commonly been explored in the past due to their potential application as tracers of geochemical processes in aqueous systems. REE mobility in low-temperature solutions has been shown to be dependent on the pH, temperature, ionic strength, and solution chemistry. For example, the aqueous transport of REEs can be modified by complexation with organic and inorganic ligands (Johannesson & Zhou, 1999; Klungness & Byrne, 2000; Luo & Byrne, 2004; Schijf & Byrne, 2004; Tang & Johannesson, 2010; Wood, 1990, 1993), or through sorption to suspended particles and colloids (Bau, 1999; Quinn, Byrne, & Schijf, 2004, 2006a, 2006b, 2007; Sholkovitz, 1995). Here we review the coordination chemistry, sorption behaviour and potential colloid association of REEs with respect to low temperature aquatic settings.RARE EARTH ELEMENT CHEMISTRYREEs include lanthanum to lutetium of Group IIIA in the periodic table. All share very similar chemical and physical properties. Often included in REE studies is another Group IIIA element, yttrium owing to its similar properties, and occasionally scandium, although its considerably smaller ionic radius makes for different properties and will not be discussed further here. The REEs are often subdivided into the light REEs (LREE), La to Sm, and the heavy REEs (HREE), Eu to Lu, which also usually include Y (hence are often referred to as YREE). The REE may be subdivided further into the LREEs, middle REEs (MREEs), and HREEs, in which case each classification includes La-Nd, Pm to Ho, and Er to Lu as well as Y, respectively, although definitions vary throughout the literature."

Jan 1, 2012

By K. Awuah-Offei

Energy efficiency has become significant due to cost and environmental considerations. Comminution and material handling have been identified as the two most energy intensive processes in mining. The objective of this work was to evaluate truck-shovel energy efficiency strategies using discrete event modeling. Energy audits and time and motion studies were conducted at a surface coal mine to acquire data. A discrete event simulation model of truck-shovel operations was built in Arena® and validated with the field data. The model was used to evaluate the effect of using a larger shovel, and optimizing truck-shovel matching on fuel efficiency. The results indicate that using a larger excavator increases the fuel efficiency of the operation while optimizing truck-shovel matching does not. However, using a larger shovel will lead to under-utilization of the shovel. This work shows the potential benefits of using discrete event simulation to model energy efficiency of mining operations.

Jan 1, 2012

By G. J. Kipouros, W. Judge

"The prevalent metal extraction processes for most reactive metals are fused salt electrolysis and metallothermic reduction. The feed material for both of these processes is the anhydrous chloride of the metal under consideration. Dehydration of the feed material is then a critical step in the production of most reactive metals and requires rigorous thermodynamic analysis. Thermodynamic data for most of the reactive metal chloride hydrates have not been measured. Improper dehydration of the metal chloride may lead to a prohibitive amount of hydroxychloride, oxychloride, and oxide. To prevent hydrolysis a certain pressure of hydrogen chloride is required. An estimation and prediction model is presented for the vapour pressures of reactive metal chloride hydrates in an attempt to deduce the conditions necessary for dehydration to proceed without hydrolysis. Thermodynamic data including heat capacities, standard entropies, and standard enthalpies are estimated/predicted for all conceivable intermediate hydrate compounds. Estimations are based on published data as well as trends proven in similar systems. The thermodynamic estimations and predictions are presented for the magnesium, neodymium, praseodymium, and dysprosium chloride hydrates. INTRODUCTIONThe high reactivity of metals such as the alkalis, alkaline earths, and lanthanides prevents their reduction by traditional pyro- or hydrometallurgy. In their elemental form, these metals are raw materials in the manufacture of intermediate products such as alloys and electronic components. Currently the only two viable metal production methods are fused salt electrolysis and metallothermic reduction. Various feed materials have been proposed for these processes. Using the chloride of the metal as a feed material offers advantages in separation and purity of the final product, as well as lower energy input. Chlorides, however, are hygroscopic and must be dehydrated before use. Improper dehydration will lead to a prohibitive amount of oxychloride which will lower efficiencies and contaminate the final product.Optimum conditions for proper dehydration of MgCl2•6H2O to produce pure MgCl2 without hydrolysis have been calculated from existent thermodynamic data and have been reported previously (Kipouros, 1987; 2001). Calculations were also performed for the case of production of pure anhydrous NdCl3 from NdCl3•6H2O (Roy, 1997)] and the mechanism of dehydration was elucidated. Some thermodynamic studies on the dehydration of chlorides of the rare earths have also been conducted (Sundstrom, 1997; Hong, 1997; Aschcroft, 1968; Haeseler, 1965; Ukraintseya, 1989)."

Jan 1, 2012

By J. Kretschmann

Around the world, mining has been done for thousands of years for the benefit of humankind. The winning process in mining operations ends with the depletion of the deposit or its closure if the operation becomes economically unprofitable. After that, a period of post-mining follows which may last for a very long time and which is generally regarded as a period of hazards, risk and high cost. In the USA alone, approximately 500,000 abandoned mines do exist; worldwide, there are millions. In Germany, too, we have had to deal with abandoned mines for a considerable period of time now.

Jan 1, 2012

By J. P. Grau, J. Z. Lu

"Thickeners/clarifiers are widely used in coal preparation plants, potash processing and other mineral processing facilities. Thickeners play a very important role in slurry treatment systems to accomplish solid/liquid separation. The demand for larger plants and the increased thickener handling capacities sometime require thickener diameters as large as 200m. The development and use of high capacity thickeners makes it possible to increase the handling capacity of these thickeners by several to more than 10 times compared to conventional thickeners. Hence, for a given slurry rate, selection of a high capacity thickener will significantly reduce the footprint of the thickener. Much higher handling rate, higher concentration of underflow, clearer overflow and lower capital cost are obvious advantages of high capacity thickeners; however, some process requirements and the concerns of operational cost, especially the flocculant cost of a high capacity thickener operation, keep some engineers selecting conventional thickeners and staying away from the high capacity thickeners. Forty years after the first high capacity thickener was developed, there are still arguments in the selection of conventional thickeners or high capacity thickeners in mineral processing. The arguments will continue unless there is a clear picture of capital cost vs. operational cost for each of the thickener types. The purpose of this paper is to analyze these costs and to provide guidelines for selection of thickeners. INTRODUCTIONThickeners/clarifiers are widely used in various slurry treatment systems. For mining and mineral processing, thickeners are an integral part of the solid/liquid separation system. The feed to the thickeners are processing slurries. The fundamental mechanism for the solids/liquid separation is for the solid particles in the slurry to gravity settle inside the thickener tank. The clear water overflows from the top of the thickener tank and is typically reused in the processing circuit, and the concentrated underflow is discharged to different downstream process systems depending on the application of the thickeners. The general requirements for a thickener operation include high density of underflow and clear overflow. Since thickener operation consists of continuous feeding, overflow and discharge of underflow, the solid particles will gravity settle against an upward flow with its velocity dependent on the feed rate and the underflow discharge rate. Higher feed rates to a given thickener produce higher upward velocities. Underflow discharge is typically relatively small compared to the amount of overflow. The upward flow tends to take particles up to the overflow. Only those particles having a settling velocity greater than the upward flow velocity will possibly settle out. Hence, thickener feed rate has to be controlled so that the required overflow water clarity can be achieved."

Jan 1, 2012

By Alice Barreto Bevitori, Frederico Muylaert Margem, Renan Sopeletto Carreiro, Sergio Neves Monteiro, Isabela Leão Amaral da Silva

"The ramie fiber is one of the strongest lignocellulosic fibers with applications ranging from simple items such as fabrics and ropes to engineering composites for automobile parts and building panels. Characterization of the ramie fiber has recently been conducted for physical and mechanical properties. In principle, thinner ramie fiber could be comparatively stronger and consequently more effective as a composite reinforcement. In this work an attempt to correlate the ramie fiber elastic modulus obtained in tensile test with its corresponding diameter, precisely measured by means of a profile projector, was carried out. Tensile results analyzed by the Weibul1 statistic showed a significant increase in elastic modulus with decreasing the diameter of ramie fiber. Scanning electron microscopy observation of the fracture of selected ruptured fiber revealed possible mechanisms that could justify the elastic modulus/diameter inverse dependence.IntroductionEngineering applications of natural fibers obtained from cellulose-rich plants, also known as lignocellulosic fibers, are currently being the focus of attention. In fact, they are considered an enviromnental1y correct alternative to substitute synthetic fibers such as the glass fiber, associated with an intensive intake of energy during production, as reinforcement of polymer composites [1-4]. In recent years there has been a growing tendency towards the use of lignocellulosic fiber composites in several industrial sectors from civil constructions to car making. In particular, the automotive industry is expanding the number of both interior and exterior components made of natural fiber composites [5]."

Jan 1, 2012

By J. R. Levin, E. J. Schelter

"We present some of our recent efforts in the development of predictive, directed oxidation chemistry of cerium(III) complexes under non-aqueous conditions. The electrochemistry of cerium(III)- alkali metal heterobimetallic aryloxide complexes is reported and compared with cerium aryloxide complexes that are kinetically stabilized by hydrogen bonding cations that span between the complexed aryloxide ligands. Comparative electrochemical measurements reveal differences between the heterobimetallic complexes and the hydrogen-bonded complexes.INTRODUCTIONThe rare earth elements comprise the lanthanides, La–Lu, and the element yttrium (Aspinall, 2001). Rare earth ores such as monazite, LnPO4, and bastnäsite, LnFCO3, typically bear mixtures of light rare earths: La–Sm while monazite, LnPO4, contains mixtures of heavy rare earths (Eu–Lu) (Cotton, 2006). Pure rare earth elements typically are isolated using a liquid-liquid separations process.(Bautista, 1995) The hydrometallurgy of these elements is a difficult problem because the separation factors between neighboring rare earths, which are predicated on the small differences in the sizes of the trivalent ions, are quite small (Cox, 1992). The element cerium, with its 4f1 electronic configuration in the trivalent state, is unique among the rare earth elements due to a relatively accessible 4f0 electronic configuration. The accessibility of the 4f0 configuration underlies the chemistry of cerium(IV), the only rare earth ion with molecular chemistry in the tetravalent oxidation state (Cotton, 2006). Cerium is trivially separated from mixtures of light rare earths by making use of its unique oxidation chemistry. In an effort to extend separations chemistry by oxidation reactions to other rare earth elements such as terbium and praseodymium, the solution electrochemistry of well-defined cerium complexes is of interest."

Jan 1, 2012

By Yongbin Yang, Meixia Cai, Yufeng Guo, Guanzhou Qiu, Tao Jiang, Jianjun Fan

"A series of sintering and metallurgical experiments were carried out to optimize the blast furnace burden structure in this study. The results indicated that the sinter disintegrated seriously with basicity around 1.4, and after this “turning point”, the sintering properties were improved gradually with the increase of basicity of sinter. Based on the results, an idea was put forward which focused on producing two different kinds of sinter with different basicity. Different with the original burden structure of 85% sinter with basicity 1.4-1.5 + 15% pellets, an alternative new BF burden structure was proposed by the following structure?44% sinter with basicity 1.05 + 44% sinter with basicity 1.87 + 12% pellets. This new alternative BF burden structure has been adopted by some steel plants.IntroductionIn recent years, conventional blast furnace (BF) process was put into operation to produce hot metal in “A” steel plant. “A” steel plant owns two sets of sinter strands at present. Because the sinter production capacity exceeds the actual requirements of BF, a burden structure with 85-90% self-made sinter + 10-15% purchased pellets is adopted to take advantage of the low–cost sinter. But the serious problems encountered with the BF operators are that the sinter disintegrated easily during transportation and storage process. Therefore, the rate of return fines is very high after sinter being screened."

Jan 1, 2012

By Stephen P. Mulqueen

Searles Lake is an evaporite basin located near the community of Trona in northwestern San Bernardino County, CA. Searles Valley Minerals Operations Inc. (SVM), a subsidiary of Nirma Limited, currently manufactures more than 1.58 Mt/a (1.75 million stpy) of industrial minerals from natural brines produced from several lakebeds within the basin. The chemical manufacturing facilities in Searles Valley represent extremely complex operations involving solution mining and mineral extraction processes.

Jan 1, 2012

In the grand scheme of things, the 9.5-t (21,000-lb) shipment of molybdenum concentrate that left Freeport-McMoRan?s Climax Mine site on May 10, 2012 was not unlike the thousands of others that have been hauled away from the site during the last century, except for the fact that this shipment marked the official rebirth of one of America?s greatest mines. For nearly two decades, 17 years to be exact, there was no production from the mine that was once the largest underground mine in the world and was so important to the Allies? effort during World War II that it was assigned the highest priority of any mine in the United States by the War Production Board. The economic recession in 1980 put an end to the mine?s success, and the Great Recession of 2008 nearly derailed the mine again. But, like the nearby town of Leadville, CO, the mine survived thanks to an investment of more than $700 million by Climax Molybdenum Co., a Freeport-McMoRan company, to bring the Climax Mine back into production.

Jan 1, 2012

By Yilin Fang, Alain Bonneville, Timothy. D. Scheibe, Zhijie Xu

"We present a hydro-mechanical model for geological sequestration of carbon dioxide. The model considers the poroelastic effects by taking into account the coupling between the geomechanical response and the fluid flow in greater detail. The simplified hydro-mechanical model includes the geomechanical part that relies on the linear elasticity, while the fluid flow is based on the Darcy's law. Two parts were coupled using the standard linear poroelasticity. Analytical solutions for pressure field were obtained for a typical geological sequestration scenario. The model predicts the temporal and spatial variation of pressure field and effects of permeability and elastic modulus of formation on the fluid pressure distribution.IntroductionIn order to achieve a substantial reduction of CO2 emissions and alleviate the atmospheric carbon problem, massive scale carbon sequestration is required involving millions of tons of carbon dioxide injection over several decades. The geomechanical response is important upon the injection of substantial supercritical carbon dioxide into deep geological formations. Supercritical CO2 is less dense than brine waters and the buoyancy driven flow of CO2 requires the aquifer to be capped by low permeability rock (""caprock"") to prevent the upward migration of C02 (as shown in Fig.1 ). Massive scale injection of C02 changes the overall stress state in the caprock and formation. This change leads to large deformation that can damage the caprock, create fractures, and open new flow paths for supercritical C02. Therefore, a coupled hydromechanical model becomes essential for the caprock integrity analysis."

Jan 1, 2012

By Kurt Tischler

This paper presents the field experience of Siemens with regard to Gearless Drives in the mining industry ? We consider the elapsed production hours of Siemens Gearless Drives to be extensive enough to provide a reliable estimation of availability calculated on the basis of data representing repair time, downtime, and operating time. The users of Siemens Gearless Drives confirm an availability of more than 98% after exclusion of some major issues. The paper addresses all of these major issues of Siemens Gearless Drives, describes successfully applied corrective measures, explains the influences on the design of the drives, and lists the downtimes associated with each of these issues.

Jan 1, 2012

By T. G. Joseph, M. J. Bolster

ABSTRACT This paper explores passive seismic measurement as an alternative, nonintrusive approach to conducting annual brake testing on surface mine sites. Dictated by the test site location, this evaluation adhered to the brake testing procedure as per British Columbia occupational health and safety regulations. Results showed excellent correlation to those reported via conventional practice: Comparing stopping distance, time, and velocity for the proposed instantaneous passive seismic versus conventional approaches, less than a 0.5% variance was evident. A viable alternative, the passive seismic approach, allowed an entire fleet of trucks to be sequentially evaluated for annual brake testing without disrupting operations by installing mechanical testing equipment.

Jan 1, 2012

By Trevor R. Ellis

In August 2011, the Southern African Institute of Mining and Metallurgy (SAIMM) contacted mining institutes and related societies internationally to assess their interest in participating in coordination of the review of the South African Code for Mineral Valuation (SAMVAL) with reviews of other mineral valuation standards. The main mineral valuation standards are the CIMVal Standard of The Canadian Institute of Mining, Metallurgy and Petroleum (CIM), the VALMIN Code of The Australasian Institute of Mining and Metallurgy (AusIMM), the SAMVAL Code, and the extractive industries? guidance note of the International Valuation Standards Council (IVSC), Valuation of Properties in the Extractive Industries, GN 14, designed for application within the full set of International Valuation Standards (IVSs). By January 2012, SAIMM had concluded that the level of respondent interest was adequate to organize a meeting. A meeting was scheduled for April 18, 2012 in Brisbane, Australia in conjunction with a VALMIN mineral valuation conference organized by the AusIMM. The stated purpose of the meeting was to develop an accord on terms of reference for pursuing harmonization of mineral asset valuation standards adopted by the participating mineral institutes. SME decided that, although it has not developed its own mineral valuation standard, it should participate in the Brisbane meeting and the harmonization process, as also did the American Institute of Minerals Appraisers (AIMA).

Jan 1, 2012

By Freislich. M., Y. Gordon

"In the changing global market scenario for raw materials for the steel industry, a number of novel iron- and steelmaking process technologies are being developed to provide the steel companies with economically-sustainable alternatives for iron- and steel-making. In addition, the steel industry is also focusing on reduction of energy consumption as well as green-house gas (GHG) emissions to address the crucial subject of climate change. In this context, it is important to assess these critical issues for the alternate iron- and steelmaking technologies that have been developed. This paper presents a comparative evaluation of energy-efficiency and GHG emissions for some selected iron- and steelmaking technologies that are being considered for implementation. In this work, Hatch’s G-CAP™ and En-MAP™ tools that were developed with the main objective of quantifying and qualifying the potential energy savings and CO2 abatement within the iron and steel industry, were employed in the evaluation conducted. INTRODUCTIONThe iron and steel industry continues to transform itself and evolve in the ever-changing global market place – the raw material scenario is constantly changing with respect to quality and quantity (availability), there is stiff competition in both global and local markets, and there is increasing pressure to address global climate change issues, especially since the steel industry is highly energy- and carbonintensive. There is growing importance of steel production in developing countries such as China and India – this means that the steel industry in these countries will play an important role in defining and shaping the future of the industry.Climate change is expected to present new risks to the steel industry with respect to ensuring a sustainable business. Legislators are proposing to limit GHG emission by placing an implicit price on CO2 emission - market-based “cap and trade”, carbon tax etc.. In this scenario, it is important for the steel companies to reduce exposure to climate-related risks and at the same time, find business opportunities within these risks. Thus, there is a need to strategically manage the climate change risks; the key steps to strategically manage climate change risks are presented in Table 1[1]."

Jan 1, 2012

By L. M. Southwick

"The history of extractive metallurgy is replete with examples of commercializing new processing technologies. The successes are widely reported, but failures seldom are. This is unfortunate, for usually we can learn more specifics on how to succeed in technology development by studying and thoroughly understanding their failures. Frequently one encounters a red herring that caused the whole effort to fail. A thorough and objective due diligence up front would have identified those red herrings and prevented the pursuit of a bad idea and the resulting destruction of capital. Due diligent analyzes performed before construction of three such bad ideas will be discussed. One is an EAF dust process, which pursued the red herrings of a poor understanding of the business, a naïve view of past experience, and false confidence in the technology. Another will examine the effort to commercialize a new pressure copper leach process that followed the red herrings of inadequate testing of the raw material, application of processing conditions that were inherently unsafe, and an improper assessment of the inherent advantages of past developments. The last is an alternative iron-making process, where the red herrings were incomplete and superficial assessment of prior pilot plant and demonstration plant tests, an assumption that the commercialization model of “build it and we will make it run” was viable, and a technology whose technical fatal flaws had already been identified. Unfortunately, capital destruction often also closes the window to more intelligent pursuit of technology development. TECHNOLOGY COMMERCIALIZATIONThe development and commercialization of new technology is a vital part of keeping industry profitable, able to deal with new sorts of feed stocks and current with economic, product, operational and environmental requirements. This is a difficult task in the best of times, and can be compounded when the developers become enamored of a particularly favorable characteristic of the project or of the product. These “red herrings” divert project focus away from the arduous path to success and, in the end, result in project failure."

Jan 1, 2012