Modular Mixer-Settlers for SXPlant Sustainability

The Southern African Institute of Mining and Metallurgy
Mark Weatherseed Juri Matinheikki Rami Saario Henri Fredriksson
Organization:
The Southern African Institute of Mining and Metallurgy
Pages:
12
File Size:
643 KB
Publication Date:
Jan 1, 2015

Abstract

"The challenges facing the mining industry include complex ores and declining grades, together with increasing capital costs and environmental regulations. In addition, future commodity price uncertainty makes investment decisions difficult. Shorter plant lifecycles mean that new projects need shorter payback and increased net present value. With regard to solvent extraction, the introduction of an innovative modular plant design will help to address these issues. The first such modular offering is Outotec’s VSF®X modular solvent-extraction plant that uses prefabricated and transportable modules. Reuse and recyclability have underpinned the design concept. The greatest advantage of the VSF®X modular solvent-extraction plant is its relocation possibility. Additionally, it is suitable for various metals and plant capacity is adjustable through a scalable modular structure. After a dedicated plant lifecycle, the plant can be dismantled and relocated to a new site. This reuse ability offers major benefits for short-term plants, making them more feasible due to higher residual value. A net present value analysis is made for two examples, a conventional plant with no relocation possibility and a modular movable plant with extended plant life cycle, in order to evaluate the feasibility of modular plants. Results indicate that modular plant design could offer an economical solution with the additional advantage of improved overall sustainability through its life cycle. INTRODUCTION The challenges facing the mining industry include complex ores and declining grades, together with increasing capital costs and environmental regulations. In addition, future commodity price uncertainty makes investment decisions difficult. Shorter plant lifecycles mean that new projects need shorter payback and increased net present value (NPV) (Mudd, 2010; Norgate & Jahanshahi, 2010) . Awareness of sustainability issues is also rising and sustainability reporting is now a key element of many companies’ public and investor relations. Major companies are now putting more effort in this area to earn legitimacy for new projects (Mudd 2010)."
Citation

APA: Mark Weatherseed Juri Matinheikki Rami Saario Henri Fredriksson  (2015)  Modular Mixer-Settlers for SXPlant Sustainability

MLA: Mark Weatherseed Juri Matinheikki Rami Saario Henri Fredriksson Modular Mixer-Settlers for SXPlant Sustainability. The Southern African Institute of Mining and Metallurgy, 2015.

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