Approach to Selecting Research and Development Investment Projects in Mining - SME Annual Meeting 2025

Research and Development (R&D) departments in the mining sector are essential for creating new solutions on productivity, safety, and sustainability. Nevertheless, the selection of R&D projects is complex, often influenced by subjective judgments and uncertainties. This paper explores the application of the Multicriteria Decision Analysis (MCDA) as a structured approach to evaluate and prioritize innovation projects based on various criteria such as safety, cost, environmental impact, and social acceptability. By assigning weights and quantifying criteria, MCDA enhances decision-making transparency and objectivity. This study aims to show a method that facilitates strategic thinking, resource optimization, and stakeholder engagement, ensuring that selected innovations align with the company’s long-term objectives and commitment to responsible mining practices.