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By James S. Redpath

"AbstractThis paper is an attempt. to outline the present status of underground mining contracting in Canada, and to present certain facts concerning the writing and administration of underground mining contracts which, hopefully, may be useful to those intending to engage a mining contractor . The paper is based on the author' s experience as a contractor and also as a consulting engineer advising others in the purchase of contractors' services.HistoryIN THE early days of mining contracting in Canada, the contractor was primarily a labour contractor. He was expected to bring a good crew of men that normally followed him, and to perform certain work under his own direct supervision. The owner usually looked after all other details including financing, payrolls, withholding taxes, etc , computing and paying the contractor his profit. In the pre-World-War II years, most work was done on this basis.Over the years, the contractor was called on to supply more in the way of services, and the present-day situation evolved.Labour contracts are still used, but now the contractor is expected to carry out his own administration. Most contracts now call for the supply of special tooling required to do the work. In most cases, some, if not all, supplies are the contractor 's responsibility and , in a growing number of cases, the contractor is responsible for such items as design and surveying. The ultimate in this direction is the execution of projects on a turnkey basis. Under this system , the contractor carries the project to a stage where it is turned over fully operational to the owner."

Jan 1, 1977

By Clemens Kuhnert

"Nickelhütte Aue GmbH is specialized in the recycling of waste materials containing non-ferrous metals. We treat nickel, copper, cobalt, vanadium, molybdenum and precious metal containing materials like spent catalysts, ashes, dusts, grindings, liquids, slurries and sludge's as long as they contain one or a combination of the above mentioned metals. In our pyrometallurgical works we produce non-ferrous metal concentrates suitable for further treatment in our hydrometallurgical plant where we refine Ni-, Cu-, Co- and V-chemicals. Our production is based on synergy effects due to the combination of pyro- and hydro-metallurgy. As an example we can mention our heat recovery system and internal recycling of by-products. Furthermore, the use of alternative fuels instead of fossil fuels contributes to the economic and environ-mentally friendly treatment system.INTRODUCTION Nickelhütte Aue GmbH (NHA) can look back on nearly 400 years of tradition as a pyrometallurgical works and recycling company. The existence since its foundation in 1635 as a blue dye works shows responsible and successful action in the past. Therefore, we see highest customer service, minimization of interferences with nature by closing material cycles and maximized health and occupational safety protection by avoiding injuries and diseases, still as our future duties. These duties are evaluated and monitored by an integrated management system that meets the standards of DIN EN ISO 9001, 14001, 50001 and BS OHSAS 18001. We commit ourselves to the observance of all juridical and customized demands. The management and the department managers perceive their model function. We require responsible action from all employees. To protect the continuity of our enterprise, we will also perform in future continuous improvement of products and their quality, as well as steady progress in the areas of environment protection, health protection and industrial safety. Equally the effectiveness and propriety of the management system is checked and developed regularly. In order to obtain the objectives resulting from this policy, our company determines activities and measures by involving all employees."

Jan 1, 2017

By D. Sagara, V. G. Makhado

"A model based control strategy was implemented at Loulo Gold Mine in Mali, to stabilise the thickener underflow stream density. This stream acts as the feed to the leaching circuit. pH control of the leaching circuit was integrated with the model-based controller due to slow process dynamics that are not suited to PID control. The controller performance was quantified over a period of 6 months, and was compared to the performance before implementation. The model based controller reduced process variability for both thickener underflow density and pH considerably, and resulted in a reduction in flocculant and lime consumption of 9.32 and 6.55%, respectively. INTRODUCTION Reagent consumption in gold processing plants significantly contributes to the total operational costs. In a typical Carbon-in-pulp (CIP) circuit, the reagent consumption associated with leaching, adsorption, elution and regeneration contribute to approximately 15% of the total operational costs (Stange, 1999). At Loulo Gold Mine, the reagent consumption associated with leaching, adsorption, elution and regeneration contributes to 6% of the total operational costs. As such, a reduction in reagent consumption will present a significant opportunity for savings on operating expenditure. Variability in feed ore characteristics results in continuous changes in steady state operating regions, which presents process control challenges as a result of the long residence times in some of the process units associated with gold processing plants. Overdosing often occurs in the presence of process variability to ensure safe operation and to maintain recovery targets. As a means of reducing reagent consumption and accounting for significant changes in the feed to gold plants, some of the plants have resorted to improving their process control strategies around their circuits. This paper focuses on the implementation of a model predictive based controller at Loulo Gold Mine on their thickener and Carbon-in-leach (CIL) tank to: •,stabilise the thickener underflow density, and •,the CIL tank pH."

Jan 1, 2017

By Laura A. Sanders

Mineral scale formation is prevalent in numerous mining operations. Such scale formation can occur in the direct-contact heat exchangers ahead of an autoclave. In these heat exchangers, the incoming slurry comes into contact with steam in a stage-wise fashion, which is re-circulated from the downstream flash vessels to heat the slurry in stages ahead of the autoclave. Calcium sulfate scaling causes severe problems in mining operations where increased temperatures are involved due to rising temperatures promoting calcium sulfate scaling through a decreasing solubility. In a number of these operations, the scale formation can occur in the presence of mineral solids, where fine-grained charged particles are at concentrations in excess of 35%. Scale prevention is not difficult in standard aqueous systems; however, the presence of solids leads to significant deficiencies in the prevention of scale due to the adsorption of the polymer onto the charge solids instead of the polymer interaction with the scale. Therefore, a technical solution to prevent mineral scale build up occurring in presence of pulp slurry in mining operations is needed. Several novel antiscalant technologies were developed and evaluated which provided a substantial improvement in the scale prevention in such systems.

May 1, 2013

By K. G. Davies, M. J. Royea

"A major program of pillar recovery at the Sullivan mine has been assisted for the past several years by a concerted series of rock mechanics investigations. The object of these investigations is to measure the parameters of rock behaviour which influence pillar mining. This quantitative information is then used in the design of mining methods appropriate for various conditions.Instrumentation to measure absolute rock stress, changes in rock stress and the gross deformation of rock masses has been developed. Various instruments are described, as are instrument evaluation procedures and typical test results. The data from underground measurement projects have been used to modify pillar extraction sequences along re-treat fronts. Rock mechanics information from individual pillars has been incorporated into the design of mining methods to suit particular circumstances."

Jan 1, 1968

By C. Fleming, J. R. Goode

ABSTRACT: Data were produced from two uranium project studies that were conducted in 2008, both involving uranium recovery from leached slurry by resin-in-pulp (RIP) with strong base resins. In both studies, excellent metallurgical results were produced. The loaded resins were eluted with strong sulphuric acid and recycled through RIP circuits in an integrated process. Resin losses by either abrasion or mechanical breakage were immeasurably low. Metallurgical results from these two campaigns are presented, along with a case study economic analysis of RIP versus the alternative processes of counter-current-decantation or filtration and solvent extraction.

Jan 1, 2011

By K. Maruyama, T. Nagasaka, R. d. Chairaksa-Fujimoto, T. Miki

Electric arc furnace dust or EAF dust is considered as a hazardous waste but contains a significant amount of economically attractive non-ferrous metals especially zinc as zinc ferrite (ZnFe2O4) and zincite (ZnO). The hydrometallurgical process is one alternative choice because it has the advantage of low energy consumption. The leaching of ZnO from the dust is very easy. However, the complex major zinc compound in EAF dust is ZnFe2O4, which is very stable and insoluble in alkaline or acidic media under delicate conditions, and causes the low zinc recovery yield by hydrometallurgical process. Moreover, halogens and heavy metals in the dust are also problematic. In order to develop a new effective EAF dust treatment process, the authors have proposed "CaO addition process" as pre-dust treatment to transform all of ZnFe2O4 in the EAF dust to ZnO and Ca2Fe2O5. In this study, the selective zinc leaching from the CaO treated EAF dust with NaOH and NH4Cl solutions was carried out. The effect of temperature, reaction time and solute concentration were systematically investigated. All of zinc in CaO treated EAF dust was successfully leached into both solutions.

Jan 1, 2014

By W. D. Bonisteel

In 1976, Rio Algom Limited began the expansion of uranium production facilities at Elliot Lake. Quirke Mine was the only property in operation at the time, and plans were made to expand its milling capacity from 4,500 to 7,000 tons of ore per day. Following this expansion, other properties in the area will be reactivated to fulfill long-term contracts for uranium. As part of the expansion program, it was decided that in view of the escalating cost and impending shortage of energy, heat reclaim and conservation would be employed wherever practicable. In general terms, heat reclaim applications fall into three main classifications: ventilation, utility and process. Two of the ventilation applications and one process application will be described in some detail. Several other systems will be presented briefly as a matter of general interest. Some future possibilities will also be mentioned, together with their potential for economical heat recovery.

Jan 1, 1979

By J. Cui, Z. Meng, W. Zhao

"The decomposition of rare earth concentrates containing bastnasite and monazite by alkali solutions has been investigated. A slurry of the rare earth concentrate and the alkali solutions was calcined at different temperatures. The impacts of calcination temperature on the decomposition of rare earth minerals, the oxidation of cerium, the deportment of fluorine and phosphorous, and the adaptability of the method to the different grades of rare earth concentrate were all studied. A possible technique for comprehensive recovery is proposed in which the chemical elements such as rare earth, fluorine, phosphorus, calcium, iron and thorium could be recycled or recovered. INTRODUCTIONThe liquid alkali decomposition method is an important technique for the decomposition of mixed rare earth concentrates. The technique is relatively clean compared with the sulfuric acid roasting method. However, its operation is intermittent rather than continuous. The two-step solid-liquid reaction and the subsequent water washing make it not very suitable for mass production and application. An important reason for the disadvantage is that an additional process of ""calcium removal by acid leaching"" is needed for the technique. The content of calcium in Baotou rare earth concentrates is usually 6-12%. The requirement of the current technique is that the content of calcium should be reduced to about 0.2% after the calcium removal process. Otherwise, the decomposition and leaching of rare earth will be affected. Therefore, calcium removal by acid leaching is a necessity before the alkali decomposition process is carried out. Research on different alkali decomposition techniques has been conducted with prior calcium removal by acid leaching (Xu, 1995; Yu, 1993; Han, Li, Chang, Liu & Xu, 1985). There have been some investigations of direct decomposition of the bastnasite (Feng, Pan & Li, 1998; Zhao, Zhang, Yang & Liu, 2002)and monazite (Sun, Li, Li, Su, Zhao & Liu, 1998; Zhou, 2005) by alkali-liquid, however, all studies were carried out in solid-liquid reaction system, and continuous calcination studies have not been reported.This paper investigates the process of direct decomposition of Baotou rare earth concentrates by continuous calcination with concentrated alkali. Using the rotary tubular electric furnace, the mixture of rare earth concentrate and concentrated alkali solution were decomposed continuously. Satisfactory decomposition results were achieved. A method for clean processing and comprehensive resource recovery from Baotou rare earth concentrates is proposed."

Jan 1, 2012

By D. D. Tannant, H. Ozturk

Thin spray-on liners are increasingly being used as rock support in underground mines. The adhesive strength between the liner and the rock surface is an important design parameter. Adhesion tests were conducted to assess the impact on adhesion of the presence of oil, water, and dust on a substrate, and the roughness and grain size of different substrates. Other factors such as curing time, loading rate, and liner thickness were also considered. Adhesion was measured using a pull test of a 33 mm diameter elevator bolt attached to an over-cored section of liner with strong epoxy. Most tests were performed using Tekflex liner material, although five other liner products were also tested. Adhesive strengths of about 2 MPa can be achieved with Tekflex under optimal conditions. Long-term creep tests showed that the adhesive strength could drop by at least 50% when the liner carries load for about a month. Where the rock surface is contaminated with dust or the rock is weak in tension, it may be difficult to reach adhesion strengths of 1 to 1.5 MPa. As the thickness of the liner increases, the adhesive strength to a substrate appears to decrease.

Jan 1, 2007

By N. Vayenas, G. Yuriy

"The combination of a predictive reliability assessment model and discrete-event simulation can be an effective methodology to study the impact of equipment failures on the capacity of production systems in mines. In our case, a predictive reliability assessment model using genetic algorithms is combined with a discrete-event simulation model to analyze mine equipment systems.Discrete-event simulation involves modelling of real-life systems based on variables and events that occur or change at distinct points in time. The Simul8 simulation software, by Visual Thinking, is used in this research. It is a two-dimensional (2D), discrete-event simulation/ animation software tool for creating realistic depictions of manufacturing and materials handling systems.The simulation model developed for the purpose of this research represents a typical two-level, sub-level stoping section of an underground mine in the Sudbury region in Ontario, Canada. This 2D model was created to assess the impact of equipment failures to a mine’s production throughput. In more detail, using mean time between failures (MTBF) data of scooptrams derived from a reliability assessment model based on genetic algorithms, LHD failures are incorporated into the simulation model. These failures cause production interruptions to the development cycle and consequently loss of hauling capacity.Another purpose of this research work is to demonstrate how low-cost simulation tools such as Simul8 can be successfully applied to model underground hard rock mining operations. The research discussed in this paper is carried out by the Laurentian University Mining Automation Laboratory (LUMAL)."

Jan 1, 2005

By E. Peek, L. Becze, K. Reading

"Gallium oxide is an important semiconductor material used in optoelectronic devices (flat panel and solar cell) catalysts and sensors. One of the methods to produce ?-Ga2O3 is the so-called hydrothermal route. It is practiced by Neo Gallium Compounds and comprises of two steps: (1) the production of mainly gallium-oxy-hydroxide in a pressure vessel by reacting metallic gallium with water at 200-220 ºC and (2) the calcination of gallium-oxy-hydroxide at 700-750 ºC to convert it into ?-Ga2O3. This paper describes this pressure hydrometallurgy process supported with relevant thermodynamic data and presents the characteristics of the ?-Ga2O3 powder produced for commercial purposes. INTRODUCTIONGallium is a relatively new metal, having been predicted by D. Mendeleev in 1871, discovered by P.E. Lecoq de Boisbaudran in 1875, and first commercially produced in the USA in 1943. Gallium is not rare, being more abundant in the earth crust than antimony, bismuth, molybdenum, silver and tungsten. However, few gallium minerals exist in nature, and the dispersion of gallium within other minerals add to the complexity of its recovery. In practice, gallium is found in dispersed state primarily in bauxites and in some sphalerites, and, to a much smaller extent, in some coals. At present, a very large proportion of the primary gallium in the world is recovered as a by-product of aluminum plants, mostly Bayer plants, where gallium is extracted from a bleed of the Bayer liquor (Roskill, 2011). In 2011, world production of primary gallium was estimated at 200 metric tonnes. In addition, there is a significant contribution of recycling to the overall yearly availability of the metal.Gallium exhibits fairly remarkable properties: it is liquid above 29.76 ºC, can be supercooled, and with its high boiling point (2204 ºC), is the metal with the widest liquid range. Gallium is magnetic, and is an excellent conductor of both heat and electricity. Gallium also displays a marked anisotropic electrical conductivity (Roskill, 2011). All these properties render gallium almost irreplaceable in the semiconductors (GaAs, GaN, GaSb, GaP wafers) and the optoelectronics industry (flat panel, solar cell)."

Jan 1, 2012

By M. Gagné, F. E. Goodwin

The mining industry represents a significant investment in infrastructure of which steel plays a key role. Many structures in a mine are made of steel including shaft structures (buntons, station steelwork and headgear); stope structures (roof supports, pipe hangers); haulageway structures (ore transfer stations, electrical stubbies); and surface structures (plant buildings, tank supports, pipe gantries, conveyor belts, stacks, stockpile structures, stairways and railings). Maintenance of structural components can often be difficult because of the environment, including those where corrosive fumes persist, or limited access, such as in shafts where access is limited, or to short maintenance shifts or where limited working space is available. Thus a cost-efficient, long-lasting and maintenance-free protection system for steel should be specified. Galvanizing provides the required high-quality, long-term corrosion protection to steel. Galvanizing provides protection in two ways, first as a physical barrier to corrosion and secondly by means of cathodic or sacrificial protection that is unique to zinc. The dual nature of corrosion protection provided by galvanizing significantly extends the service life of steel even in the most challenging environments. The unique corrosion protection properties provided by galvanized steel will be highlighted with global mining application case studies.

Jan 1, 2015

By Suzie Nantel

Crystalline igneous rocks, known commercially as granite, are exploited in Quebec f rom more than twenty-five quarries for building, ornamental and monumental purpose$. Quebec is the main Canadian producer of construction granite, accounting for nearly 90 per cent of total production. Jn the last three years, this industry has experienced an important growth due to improved marketing and use of modern equipment in rock-cutting and polishing. Jn /983 a 35 per cent sales increase is forecast. The main rock varieties extracted are the following: porphyritic pinkish grey granite and green charnockite from Riviere-dPierre, mahogany brown granite and black anorthositic rock f rom the Lac Saint-Jean area, fine-grained pink granite from Guenette, coarse-grained brown quartz monzonitefrom SaintA lexis-des-Monts. All these rock types occur in the Grenville tectonic province whereas a medium-grained, light grey granite, Devonian in age, is extensively being quarried in the southern part of the Appalachians. In the Superior province a greenish black diabase and a deep red granite are extracted. Search for new varieties and deposits is actively being carried out by prospectors and by the minis/ere de /'Energie et des Ressources du Quebec following growing demand for granitic and gabbroic rocks as dimension stone.

Jan 1, 1984

By Stephen G. Mlot

Technical Study Work ?Technical study work enables informed decisions: -Obtain a higher price for a quality asset -Minimize expenditure on a project that won?t provide adequate returns -Optimize expenditure on a project to capitalize on the potential return

May 1, 2013

By G. W. H. Norman

The surficial Archæan rocks of the southern gold belt of western Quebec are constricted near Kewagama lake by granite masses to the north and south. This divides the belt into natural eastern and western parts. This paper deals with the eastern part, extending from Malanie to Haig township. In this section the Keewatin-Timiskaming rocks have a length of about 70 miles and end abruptly against garnetiferous gneisses of the Grenville terrain. In the western half of the section where exploration has been under way since the early twenties, there are sixteen mines that are or have been in operation, and eleven prospective mines. In the eastern half where exploration has been carried on since the early thirties, six prospective gold mines are under development, one· of which, Louvicourt Goldfields, is at the initial production stage. Of the sixteen properties in the western half that are operating or have operated, all, except the Golden Manitou, which is a base metal mine, and the old Green Stabell from which there was a small production of copper, produce gold. Of the eleven prospective mines in the western half nine have gold. New Bidlamaque has gold and copper and one, East Sullivan, has copper-zinc ore. Since production began in 1927 gold, silver, zinc, copper, and lead having a total value of about $10,000,000 have been produced from the mines of the eastern section of the southern gold belt of western Quebec.

Jan 1, 1954

By Mohamad Kharseh

There is general acceptance that climate change, which is the most important challenge facing humanity, is anthropogenic and attributed to fossil fuel consumption. Therefore, improving the performance of our existing energy systems and deploy more renewable energy resources is an urgent issue to be addressed. Geothermal refers to existing of heat energy in deep rock and sedimentary basins. This energy can be used to drive a power turbine to generate electricity. Traditionally, geothermal has been exploited in places with the plentiful hot water at relatively shallow depth. In the light of fact that ground temperature increases with the depth everywhere on the Earth, engineered geothermal systems (EGS) can be installed in any place to exploit the geothermal in generating energy. Unfortunately, the high exploration and drilling costs of boreholes is the main barrier to commerciality of EGS worldwide. In addition, there are technical problems associated with drilling big depth. In oil producing countries such problems can be addressed by utilizing whether active or abandoned oil or gas wells and, consequently, EGS can produce power at profit. The current study presents an analysis of a binary geothermal power generation system for commercial electricity generation in Qatar. For this purpose, two binary cycles are assumed the main difference between them is that the first one is air cooled while the other will be water cooled. The performance of the two cycles and the possibility of improvement has been shown. Economic analysis the power plant shows that the levelized costs of electricity is 3.6US¢/kWh and the pay-back time is less than 8 years.

Aug 1, 2013

By A. M. Christie

Acknowledgements The following account has been compiled mainly from records and maps of Eldorado Mining and Refining (1944), Limited, hereinafter called the Crown Company. This work was done under the supervision first of R. F. Murphy, Chief Geologist, and later of E. B. Gillanders, Eldorado Mine Manager and Manager of Eldorado Exploration Division. W. F. James and B. S. W. Buffam are consulting geologists. Since 1946, S. N. Kesten has supervised geological work for the Company in the Goldfields area. Where maps of Eldorado properties have been included in this paper, the name of the geologist who examined the property is acknowledged on the map. Outline of General Geology The geology of the area is described in the Goldfields and Martin Lake preliminary maps of the Geological Survey and accompanying Paper 49-17. In brief, the Tazin series of Precambrian age, consisting mainly of sediments with minor interbedded volcanics and basic intrusives, is intruded and replaced by granite, now generally gneissic. The late-Precambrian Athabaska series of conglomerate and arkose, with interbedded basalt and andesite flows, rests unconformably on the older rocks. All these rocks are cut by small diabase dykes. The geological terms used in this paper and in the accompanying figures are standard with the exception of the term 'mafic rocks'. These include all the basic or dark coloured rocks of the Tazin group, such as amphibolites, biotite schists, and chlorite-epidote rocks (greenstones), whether they be of extrusive, intrusive, or sedimentary origin.

Jan 1, 1949

By R. V. Fox, L. K. Sinclair, D. L. Baek

"In this study, rare earth elements were recovered from bastnasite concentrate and waste fluorescent lamp phosphors using supercritical carbon dioxide extraction with a nitric acid/tributyl phosphate adduct. Several pretreatment methods were used to alter the crystal structure of the source materials, and thus improve rare earth element recovery. Pretreatment methods included 1) dry roasting of the source material at 730oC, 2) decomposition with 50% sodium hydroxide solution at 150oC for 4 hours, and 3) decomposition with 12 M sulfuric acid at 300oC for 4 hours. Treated and untreated samples underwent supercritical extraction at 24 MPa and 65oC for 1 hour. Untreated bastnasite and phosphor samples showed <10% rare earth element recovery, but sodium hydroxide digestion resulted in >60% recovery for most rare earth elements. Dry roasting of the bastnasite concentrate was also effective, resulting in >60% recovery for cerium.INTRODUCTIONRare earth elements (REEs) consist of the 15 lanthanides, scandium, and yttrium. Scandium and yttrium are included because they are in the same group as lanthanum, appear in many of the same ore deposits as the rest of the lanthanides, and exhibit many similar chemical properties. REEs are used in a wide array of applications including electronics, magnets, catalysts, glass, and solid-state lighting (Xie, Zhang, Dreisinger, & Doyle, 2014). Because of China’s continued dominance of worldwide REE production, the United States Department of Energy has sought to diversify domestic supplies of REEs (United States Department of Energy, 2011). A key part of this strategy is the development of improved extraction methods for both ores and recycled sources.Supercritical fluid extraction (SFE) is a promising technology for extraction and separation of rare earth elements. Contact with an acid adduct dissolved in supercritical carbon dioxide allows for the rapid extraction of REEs from solid matrices. Supercritical CO2 has several potentially useful properties as a solvent, including high diffusivity and the ability to tune solvation properties by adjusting pressure. Such tunability may have applications in separating the REEs once they have been extracted from the solid phase. Tributyl phosphate/nitric acid adducts (TBP:HNO3) are a particularly promising class of adducts for SFE extraction of rare earth elements. Using TBP:HNO3 adducts in supercritical CO2, several researchers have successfully extracted REEs from their oxides (Wuhua, Pijia, & Yongjun, 2010; Zhu, Duan, Xu, & Zhu, 2009). However, there is a complication in applying this technique to many types of ores and recycled sources: REEs are often locked in refractory minerals which are resistant to acid attack, resulting in limited recovery in supercritical extraction."

Jan 1, 2016

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