So, how should the increased mining be done? While circular mining has potential application across all industries, it's likely to progress most quickly in sectors where there is a high degree of consumer scrutiny of environmental, social and governance (ESG) practices and where companies are willing to support the price premium of 1 to 2 percent attached to many of these materials. Our members are already making great progress in different areas of the circular economy. It aims to explore some of the opportunities and challenges linked to the EUs new strategy for securing the supply of CRMs, both inside and outside the EU. The VERAM project, financed by The European Union (by the EUR 1.4 million) to the project is described. Its therefore important that this mining is done right. Moving the circular economy forward in the mining industry: Challenges Most of these have mature supporting industries which could also benefit. The ratio of useful materials to waste minerals is staggering; waste mass can be several times that of base metals, and can be millions of times that of rare elements such as gold. Is the tide turning for Australias fossil fuel exports? This technology also reduces land use. Furthermore the energy is classified as carbon-free, as the main fuel in Kokkolas roasting process is zinc concentrate, which contains almost no carbon. And this particular machine is dynamic; ill-fitting cogs can be made obsolete. London, UK - ICMM has published updated guidance which is designed to help mining companies improve how human rights impacts are managed across the globe.. ICMM's Human Rights Due Diligence Guidance (the Guidance) aims to help mining companies to better integrate human rights into existing risk management approaches. However, Herrington argued that revolutionising workflows and structures will make it easier to protect and reconstruct ecosystems, and incorporating inherent regeneration will mean that when extraction ends, the landscape is ready for the next lease holder. The companyplans to use this deposit to test a pilot mercury clean-up operation, backed by technology firms Mercury Cleanup and Oro Industries. I am text block. Mining Surplus lists surface, mill plant, and underground mining equipment from copper, lead, zinc, gold, and coal mining operations. The global end-of-life recycling rate for copper is . Many of these mine waste projects are collaborative in nature, and this is especially true for VTTs MetGrow+ project, a collaboration with 19 companies, research organisations, and universities from nine European companies. The concept of the circular economy is an appealing model for the mining industry, as it offers a way to close the loop on resource use and waste. As part of our members commitment to the safe and responsible management of tailings, companies are also focused on innovation to reduce the volume of tailings that need to be stored. As mining operations grow, so too does their waste production, despite the fact that many waste streams contain useful and even precious resources. Permanent magnets one of the largest applications of REEs are important components for a number of technologies, including wind turbines, electric vehicles, e-bikes, white goods and consumer electronics. ICMM - World Circular Economy Forum (WCEF) - Open graph "The Circular Economy - Challenges and - NBK Mining Institute This paper from the CEPS Think thank provides insights on Russias share among EU sources of key supplies for low-carbon technologies. Were all about driving the industry to zero waste, which is foundational to circularity. In setting up to accelerate a global circular economy, the International Council on Mining and Metals (ICMM) will be focusing on the value chains of wind turbines and solar photovoltaic panels and . Your email address will not be published. But first, lets take a look at the barriers and obstacles we face. The more a company invests in the integrated systems of a circular economy model, the more their operations will be able to take full advantage of the associated opportunities on site and throughout their supply ecosystems. Both of us have been working in this space for a long time, and frankly, its [mostly] been a harm reduction model. How can the EU develop a viable recycling chain for rare earths? Towards more sustainable management of material resources in Europe. Circular Economy Coalition launched for Latin America and the - UNEP Part of the programme will also be accessible online. Consultation decree brings Curipamba project closer to environmental permit, G Mining to power Brazilian gold project with renewable energy, Newmont to invest $540m to extend life of Cerro Negro operations, BHP and Microsoft collaborate on AI in copper extraction, Autonomous vehicles hold immense potential: SafeAI on the future of mining, Who's investing where? Examples include graphite. Metals and Minerals Are at the Heart of a Circular Economy This leads to a reduction in usage of natural sand, which is the second most consumed natural resource in the world, and also, a reduction in carbon emissions compared with the use of natural sand. One of the main drivers towards that shift is through collaborations and partnerships between different corporations and sectors of the industry. How do you really move into closed loops? Russia is among the larger suppliers of raw materials to the EU. How do you move to net benefit? Mining industry is aware of circular economy thinking. It is time to look beyond circular materials. This waste is of particular concern due to its often toxic content, with poisonous materials such as mercury a frequent by-product of mining operations. Of course, redesigning mining processes and protocols is much easier at greenfield operations which typically have fewer physical and financial constraints. Rather thancutting down on waste itself, companies areinvesting in new industrial processes to extract and re-use some of the useful materials that are often dumped among tonnes of less useful mining waste. Resource scarcity and customer preferences for sustainable products will require industry players to consider their role in the recovery and recycling of scrap materials as a key pathway to low-carbon production. Photo by Jon Benjamin Photography. Mining digs into the circular economy. COP26 and its proceedings highlighted, not only the urgency of the green energy transition but also the mineral intensity. ICMM has announced new research partnerships with the Columbia Center on Sustainable Investment (CCSI), the Enel Foundation, and Circle Economy to investigate the role of the mining and metals sector in accelerating a global circular economy that contributes to achieving the Sustainable Development Goals (SDGs) and aims of the Paris Agreement. The Regional Coalition on Circular Economy was announced during a virtual side event at the XXII Meeting of the Forum of Ministers of Environment of the region, hosted by Barbados and the United Nations Environmental Programme (UNEP). (PDF) Circular Economy in Mineral Processing - ResearchGate Alcoa is expanding the use of press filtration technology among its operations, with a new facility commissioned at its Poos de Caldas alumina refinery in Brazil. Much of the world has already committed to ambitious targets to meet climate goals. Mining and the Circular Economy: A CSR Opportunity - LinkedIn It estimates that over 3 billion tons of minerals and . Considering these dangers, and the widespread nature of mercury in the mining industry, Comstocks work could prove beneficial for miners across the sector. For example, the drill and blast process typically results in all material being hoisted to the surface for processing. Each and every change, however small, will start to add up in time. Your email address will not be published. China requires 2.5 kilograms of materials to generate US$1 of gross domestic product (GDP) compared with 0.54 . At the end of March, Vale inaugurated the first road in Brazil using ore-sand in all four layers of the pavement. Mining council zeroing in on aluminium, copper, silicon, steel in The public will need to accept greater mining activity if the world is to meet the challenge of going green. The concept of zero waste is ambitious but as the level of collaboration increases progress toward a zero waste industry continues to strengthen. Ultimately, this report and underlying data/knowledge findings are meant to support the further development of the European Commissions Raw Materials Information System (RMIS). ICMM announces circular economy partnerships - Mining Magazine It has developed a new process for recovering high-grade metal salts from electric car batteries, which involves pre-treating heating of the batteries to detoxify hazardous substances. SKF's success in the mining industry is attributed not only to its innovative products and solutions but also its dedication to its workforce and vision for the future. The businessreached a major milestone in April when it announced an agreement with Tennessees Davis Recycling Inc. to construct a pilot plant; the operation will see platinum group metals (PGMs) recycled from used catalytic converters. EU Green Week is the annual opportunity to debate, become familiar with, or even celebrate EU environment policy. It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. Scandium International is particularly reliant on this external support considering its own limited mining resources. Frontiers | Toward circular and socially just urban mining in global About 250,000 tonnes of sand were processed and destined for sale or donation for use in concrete, mortar, prefabricated materials, artifacts, cement and road paving. But to switch Britain's 31.5 million petrol and diesel vehicles over to a battery-electric fleet would take an estimated 207,900 tonnes of cobalt, 264,600 tonnes of lithium carbonate, 7,200 tonnes of neodymium and dysprosium, and 2,362,500 tonnes of copper. Another mining company targeting a particular mineral is Comstock Mining, a Nevada-based miner that aims to improve the recovery and removal of mercury from mine tailings. This report is the final outcome of the collaboration that took place in 2021 and 2022 between the Joint Research Centre (JRC), the European Environment Agency (EEA) and its European Topic Centre (ETC) on circular economy. "I think by 2035, we'll have sorted out a good source of recycled metal; we'll need to continue some mining. According to the International Council on Mining & Metals, metals are infinitely recyclable, increasing the longevity of end-use products. Download Summary CMICs BluVein project is a joint venture between Sweden-based EVIAS and Australia-based Olitek. The unique properties of metals such as conductivity, strength, durability and recyclability make the extension of their use vital in solving the fundamental challenges of current and future generations. Save my name, email, and website in this browser for the next time I comment. Learn more about mining and extraction in the circular world of digital . 8 December 2022, 07:00 - 08:15 GMT [23:00 - 00:15 PST] Kigali, Rwanda & Online. Low-carbon technologies and Russian imports, https://www.ceps.eu/ceps-publications/low-carbon-technologies-and-russian-impor, Publications Office of the European Union. A 'circular economy' has been identified as a major (up to $4.5 trillion: World Business Council for Sustainable Development) commercial opportunity and could support the development of new industries and jobs, reducing greenhouse gas emissions and increasing efficient use of natural resources (including energy, water and materials). This creates a circular economic model of take, make, use, recycle/reuse. Treat them as separate and, in time, the cog will fail to fit and turn in the way that it should. The miner also noted that the technology could be used to extract other minerals, such as rare earth elements, but that this would depend on the financial viability of the process itself. Circular economy & the Energy Union Strategy The cement industry is supportive of the aims of the European Commission concerning the circular economy1 and promotes the recognition afforded to the material recycling which occurs at the same time as energy recovery in cement production. One way mining companies can help to reduce tailings while building a circular economy is through using tailings to produce something new. Taking a circular approach to mining operations - Canadian Institute of First, a traditional leaching process removes base metals such as iron and copper from electronic waste, before a patented acidic compound is applied to the waste, strong enough to dissolve gold that is then absorbed by microbes in the compound. creating value through waste exchanges with others, could also be helpful. This webinar on 11 April follows the European Commissions proposal for the European Critical Raw Materials Regulation on 16 March 2023. Many environmentalists will argue that recycling is the answer to future metals shortages. Towards a Circular Economy Approach to Mining Operations: Key Concepts, Drivers and Opportunities, is available to read online. 1 In 2015, as part of a major study with the Ellen MacArthur Foundation, we demonstrated that such an approach . We round up some of the innovative projects approaches to tackling mining waste, and helping to push mining towards becoming a truly circular economy. Generated from dialogue between mining representatives from 30 countries (World Circular Economy Forum 2021), these insights summarise the key approaches, policies and practices emerging and required for metals to join the circular economy. Circular economics, reprocessing waste and mining Copper, with its infinite life cycle, is a truly circular material. Stock optimisation extending the value of materials; Eco-effectiveness going beyond eco-efficiency; Eliminating the concept of waste by extending resource value; Circular product and process design; and. Mined materials are used to construct basic infrastructure (eg the framework of buildings) and to generate power. However, on this occasion, I found a treasure trove of online resources that I felt would be helpful to share. The initiative will use ion exchange technology, a process usually usedin the purification of drinking water,where ions are moved between two electrolytes to separate a compound into its component parts. VTT claims this system can take into accountfactors such aslocal access to mineral reserves, and will recommend an appropriate waste management system. This economic structure provides huge opportunities for Norway to adopt circular economy principles . CMICs goal to transform mining to a zero-waste industry epitomizes the circular economy. In addition to supply chain optimisation, the researchers completed work into the best uses for residual material from which metals have already been recovered. Applying circular economy thinking to mining waste presents a major opportunity to reduce the liability and increase the value of mining waste. Miners can start taking small steps now toward an estimated US$4.5 trillion of 'circular economy' opportunities some expect to emerge over the next 15 years . Urban Mining: The next frontier in the circular economy?
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