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By H. P. Kang, Y. J. Feng

The hard roof in underground coal mines is generally considered as a main cause that induces disasters in working faces and entries, such as rock burst and windblast. Hydraulic fracturing technology is an effective approach to weaken hard roof to reduce ground pressure and control rock burst. The state and achievements associated with hydraulic fracturing technology applied in Chinese coal mines are summarized in this paper. Theories related to hydraulic fracturing are of the essence in fracture design to determine the fracture initiation and propagation pressure and predict the geometry and the characteristics of hydraulically induced fractures. Initially, theory of elasticity was employed to determine the breakdown pressure for a vertical borehole where the rock medium is assumed to be elastic. However, porosity and pore fluid have an influence on the borehole breakdown pressure, and then the poroelasticity theory was applied. Arbitrary deviated boreholes in practice are rather common and the maximum tensile stress criterion was employed to determine borehole breakdown pressure. The effect of natural crack in the rock medium on the initiation pressure has been taken into consideration through fracture mechanics. Meanwhile, considerable achievements have been made on hydraulic fracturing tools and equipment, and a set of mature hydraulic fracturing technologies for hard roof control are available. Some comprehensive investigations on the hydraulic fracturing for hard roof weakening are presented, and successful field applications in the Jincheng and Luan coal mining districts are introduced. Finally, the unsolved problems related to hydraulic fracturing are also put forward.

Jan 1, 2015

By Pierre St-Julien, Réjean Hebert, M. Racine, Roch Gaudreau, Pierre Lacoste, Michel Rocheleau

"Les unités volcano-sédimentaires de la ceinture de l'Abitibi à l’est de Val-d' Or ont été regroupées en quatre domaines litho tectoniques. Du nord vers le sud, nous reconnaissons les domaines d'Assup, de Garden lsland de Val-d' Or, de Trivio et de Villebon. Deux de ces domaines (Garden Island et Trivio) correspondent à des couloirs de déformation, d’envergure régionale et d’orientation approximative E-W. Les trois autres domaines sont caractérises par des volcanites defond océanique de type MORB (tholéiites et komatiites) qui sont en position inferieure; ces volcanites sont surmontées par des sédiments marins de type turbidite (domaine de Ville bon) ou évoluent dans le temps, soit vers un volcanisme bimodal d'affinités tholéiitique et calco-alcaline ( domaine d'Assup), soit vers un volcanisme d'arc insulaire (domaine de Val-d'Or). Il n'existe aucune certitude de corrélation litho stratigraphique entre les différents domaines et l'on doit considérer la possibilité que ceux-ci représentent l'accolage tectonique de terranes de nature et d'origine différente.Les principales caractéristiques structurales de la région sont regroupées en quatre étapes de déformation dont trois sont archéennes et la quatrième attribuée à l'orogenèse grenvillienne. Au moins cinq facies métamorphiques ont été reconnus: I) un facies régional faible propre à la province du Supérieur, 2) un facies de cornéennes a amphibole en périphérie du pluton de Pershing, 3) un facies hydrothermal dans la zone tectonique de Cadillac, 4) un facies régional moyen dans la zone de bordure de la province de Grenville, et 5) un facies régional élevé a l'intérieur de la zone structurale du front de Grenville.Le front de Grenville est défini dans la région par l’apparition subite des ortho gneiss au faciès métamorphique élevé et par la disparition du grain tectonique E-W. Le contact brusque entre les deux provinces pourrait correspondre à une zone de chevauchement de la province de Grenville sur la province du Supérieur. La région étudiée est l’hôte d’un gite majeur de sulfures massifs et de plusieurs gites et indices aurifères; elle présente des cibles favorables pour l’exploration minière dans le contexte tectonométa-morphique de l'influence grenvillienne. L'intérêt de la Formation de Val-d' Or pour les métaux de base et le potentiel aurifère des couloirs de déformation d'orientation approximative E-W, sont bien connus. Les structures grenvilliennes NE-SW, qui se développent vers l'est, représentent aussi des cibles intéressantes, en particulier dans les secteurs ou elles intersectent des cisaillements E-W kénoriens."

Jan 1, 1990

By J. Worden, D. Hughes, S. Smart, H. Zughbi

The enterprise wide optimization (EWO) of steelmaking and manufacturing is a multi-level, hierarchical problem which spans higher level corporate planning and scheduling through to the lower level operations of processes that produce and manufacture steel. External and internal system dynamics combined with process unit co-ordination create complex changing circumstances for the enterprise. This paper presents a scoping study as a prelude to enterprise wide considerations at an integrated steelworks to help inform the choice of appropriate model types and optimization techniques. The hierarchical, multi-level structure of the enterprise and the important spatial-temporal scales to consider are defined. Insights into the system were gained by analyzing a large set of dynamic operational data. Over two years of data were subject to both univariate and multivariate analysis with the intent of understanding the complex interrelations of energy flows on site, the inherent system dynamics of the energy network, system operational modes, aspects of planning and scheduling and the coordination between major processing units. This analysis was further used to evaluate the performance of the system in regards to energy utilization and understand the potential economic benefits derived from improved operational decisions.

Jan 1, 2015

By C. Arson

"Optimizing hydraulic fracture injection parameters in order to maximize hydrocarbon extraction and to avoid extensive borehole spalling is still an open issue. In this paper, the Differential Stress Induced Damage (DSID) model is employed to simulate the anisotropic damage distribution around pressurized boreholes drilled in fractured shale. The loading path is purely mechanical: excavation and fluid injection are simulated by stress relaxation followed by pressurization. We investigate the effect of pre-existing fracture orientation, in-situ stress and injection pressure on the propagation of anisotropic damage during pressurization. Finite Element results indicate that (1) damage initiates and develops when the ratio of two in-situ stress component deviates from 1, and the magnitude of damage is proportional to this stress deviation; (2) For a given in-situ stress field, damage initiates for a certain threshold of injection pressure, and the damage zone extends as the injection pressure increases; (3) A pre-existing fracture only affects the damage zone locally; the orientation of that fracture does not affect the damaged zone, which is controlled by in situ stress and injection pressure.INTRODUCTIONHydraulic fracturing is used to increase shale permeability and to enhance hydrocarbon extraction. In order to maximize the extraction ratio and to avoid wellbore spalling and clogging during fluid injection, the parameters related to injection for each particular site need to be optimized. Therefore, it is necessary to clearly understand how shale responses upon excavation and pressurization.It is well known that breakouts grow in the direction of minimum compression and that plastic deformation around wellbores tends to arrest breakouts (Zoback et al., 1985). Laboratory acoustic emission tests revealed that fractures propagate along the direction of maximum compression stress, and fractures (breakouts) are surrounded by the Excavation Damaged Zone (EDZ), in which rock properties are weakened by the presence of micro cracks (Eberhardt et al., 1999; Martino et al., 2004). The anisotropy from orientated foliations and cracks may influence the development and propagation of fractures and breakouts (Everitt et al., 2004). Sonic televiewer logs proved that during hydraulic fracturing, fluid injection further alters the stress distribution (Evans et al., 2005). Shale natural fabric strongly affects the evolution of the EDZ around boreholes."

Jan 1, 2015

By E. C. W. Perryman

Materials research and development has played an important role in the commercial success of the CANDU- PHW nuclear reactor and in the production of heavy water. Both capital investment and energy conservation demand very high component reliability in such systems. The interactions among reliability, plant performance and economics will be discussed in relation to materials research and development. Likely materials requirements for the nuclear industry over the next twenty five years will also be discussed.

Jan 1, 1977

By Claude A. Jr. Seger

Introduction This paper presents in detailed form the results of settling tests that were published in a few preliminary notes in the April 1949 issue of the Bulletin (p. 166). Carborel is the trade name for sodium carboxymethyl-cellulose and aluminium carboxymethyl-cellulose produced by the reaction of monochloroacetic acid on the alkali cellulose to form an ether. The water-soluble sodium carboxymethyl-cellulose has been known in Europe for several years as sodium cellulose glycolate and has been marketed under several trade names. These cellulose ethers, however, are relatively new in North America, where the name carboxymethyl-cellulose is often abbreviated to C.M.C., or they are referred to as cellulose gum. The particular grade of Carboxel used in the settling tests in the mill of Chesterville Mines, Limited, is the high-viscosity sodium carboxymethyl- cellulose known as Carboxel H.V. It is a white, fluffy powder and is hygroscopic, although not deliquescent. Carboxel solutions in water are colourless, odourless, and resistant to beat and light. They are stable to alkalies, but are precipitated by acids when the pH is reduced below 4.0, and also by solutions of soluble lead, iron, copper, aluminium, and chromium salts. Solutions of Carboxel exhibit the properties of hydrophilic colloids.

Jan 1, 1949

By Julie Hunt

Rimfire Minerals Corporation: early stage precious metal exploration specialists with discovery opportunities in partnership with major and mid-tier gold producers or prominent junior exploration firms. Mike Roberts, Senior Geologist

May 1, 2006

By I. Murray, N. Geoffroy

"Buried pipelines, tanks and other similar equipment are almost always present on large scale industrial sites, including in the oil and gas fields. However, as the proverb “out of sight, out of mind” suggests, it is easy to overlook proper maintenance procedures and simply assume that corrosion protection measures in place are working correctly. Unfortunately, this is not always the case, leading to significant environmental damage and loss of production. This paper describes several cases from various industries where buried equipment failed because of corrosion, sometimes with catastrophic results. It also presents various strategies, based on experience and new research, to help predict and prevent damage to underground metallic structures.INTRODUCTION Metallic underground structures are extremely common in industrial and commercial settings for numerous reasons. Burying pipes, tanks, wires and other similar equipment has numerous advantages: it provides significant protection from mechanical damage, frees up ground space that can be used for other purposes, requires little to no support structure and is generally more esthetically pleasing. However, this last benefit can also be considered the most significant disadvantage of underground equipment: becoming invisible and forgotten. While every engineer is aware of the importance of preventive maintenance, it is also human nature to somewhat forget about equipment that is hard to inspect and assume that everything is fine. This is unfortunately not always the case and failures in industrial settings can have extremely serious consequences. While economic aspects immediately come to mind (loss of production, cleanup cost, etc.), failure of underground equipment also results in an environmental and therefore public relations nightmare, especially in the oil and gas field. Leaks that would have been considered negligible in the past can now make national headlines and perfect reliability, while probably impossible to achieve, is now the goal of most companies. While environmental damage (real or perceived) is most often associated with leaks in the oil and gas industry, it can also affect the mining world. For example, the authors have worked on a project where a buried slurry pipeline had ruptured in the ground, causing a release of perfectly inert tailings. While the economic loss was low, the leak was reported in local media and caused a public relations problem."

Jan 1, 2017

By Dale C. H. Nevison

One of the most intensive of material rivalries is the confrontation between zinc die castings and plastic injection moldings. Pressed hard by the plastics industry, zinc die casters are learning how to make parts with less material yet without sacrificing quality. The key to this new trend is the technique of Thin Wall die casting. The obvious benefits of Thin Wall are lighter weight and lower cost. Again, obviously, these are the very selling points that put plastics into many appliance and automotive parts formerly made of zinc. One of the factors that has been most conducive to the outstanding growth of plastics has been the increasingly prevalent concept that "adequate" properties are sufficient, especially if there are cost advantages. Most of modern design today is oriented around the reasonable life of a product, rather than indefinitely extended life. This is simply an acknowledgment of the existence of a design environment that pervades many areas, reflecting the life-cyclic desire for change. Too often, so-called "weight-saving" materials end up being very costly - not only in production, but in durability and dependability. Change for the sake of change usually doesn't effect a change for the better. In the majority of cases, the best bet is to design in traditional materials and minimize the material needed, while maximizing the efficiency of the production process. Component prices of products to be produced from either plastics or zinc must be studied in detail to determine which material will produce the lowest cost of manufacture. It is not uncommon for two parts, similar in appearance at a casual look, to have a considerable difference in energy requirements and production costs. Detailed cost estimates of the advantages of each material should therefore be prepared for zinc and plastic parts before the final design and material selection decisions are made.

Jan 1, 1978

By Cummings. J. B., R. Haworth

"THE OPERATION of the Potash Company of America, Ltd., at its plant near Saskatoon, Saskatchewan, is the result of many years of exploratory and development work, culminating in the construction of a shaft, milling, concentrating and other facilities necessary to the production of potash in a marketable form.The possibility that potash existed in •commercial quantities in Saskatchewan was first indicated in 1943, although it was not until mid-1946, when Bata Petroleums penetrated a potash bed at its Verbata No. 2 well near Unity that substantial in-ter.est was developed in the possible exploitation of this important mineral product.The Potash Company of America, which is the largest producer of pot-ash in the Carlsbad, New Mexico area, a district that has been sup-plying about 90 per cent of the North American potash demand, be-came interested in the Saskatchewan deposits •at an early stage. Its engineers made an intensive study of the western Saskatchewan area in 1947 and continued their review of operating problems throughout the next three years.""Potash"" is the commonly used general term applied to the minerals of potassium, of which there are several. The most common mineral forms in which it is produced are potassium chloride and potassium sulphate. The potash content of potassium compounds is ordinarily ex-pressed in terms of potassium oxide (K20) equivalent."

Jan 1, 1960

By M. Zanini, D. Wong

ABSTRACT: Metals market improvements in 2005 drove the desire to increase nickel throughput and the production of nickel oxide sinter at the Vale Ltd. Copper Cliff smelter. Significant difficulties were encountered due to the unreliable quality of Bessemer matte being produced. Concentrate feed changes and the loss of technical and operational expertise during the previous market downturn contributed to the challenge of making the required improvements. Significant progress has been made in the converter aisle by focusing on employee engagement and standardizing best operating practices for a new generation of skimmers. This paper documents these initiatives and seeks to balance the art and science of converting.

Jan 1, 2012

By W. S. McDonald

PRACTICALLY all dusts derived from organic matter are explosive and instances are recorded of explosions-some of them extremely violent-having occurred in grain elevators and flour mills. While a discussion of the explosibility of dusts in general, doubtless, would be of more than academic value, it will be of greater interest, on this occasion, to consider various phases of the problems connected with the hazards arising from coal dust. Extensive and valuable research has been carried out during the past few decades on the subject of coal-dust explosions and a great part of this work has been concerned with the preventive effect of stone or other incombustible dusts. Four men have been outstanding in this very substantial achievement. The first is Dr. W. Galloway, who succeeded in demonstrating by experiments that one pound of coal dust mixed with 150 cu. ft. of air formed an explosive mixture. The next is Sir W. Garforth, who proved that stone dust is an effective preventive for coal-dust explosion. The third is G. Haon, and last but not least, L. G. Hill, both of whom laboured incessantly to produce a suitable stone-dust and a satisfactory method of application. Today, mining men all over the world are satisfied and convinced that stone dust, if properly applied, will prove effective in greatly minimizing, if not completely preventing, explosions of coal dust, as has been demonstrated in experimental mines, as well as in actual explosions, in practically every coal mining industry.

Jan 1, 1938

By D. T. White

"Metallurgical extraction processes often call for the heating of aqueous slurries. Indirect heat exchangers are generally not feasible for service with high yield stress slurries because of low heat transfer rates. It is more appropriate to heat the slurry by direct contact, typically with steam as the heating medium. Although having a long and successful history, direct-contact heat transfer to aqueous slurries has been used without the support of pilot plant research. This paper provides results of the needed research, the work being done at a scale large enough to enable direct scale up to commercial operations. A pilot plant heater was constructed and tested to develop an understanding of the slurry heating process and to ensure that commercial scale heaters were appropriately sized.INTRODUCTIONPressure Leaching OperationsPressure leaching operations are often used to oxidise sulphide gold ores, or for extraction of nickel and cobalt from laterite ores with sulphuric acid. Where there is sufficient sulphur available, the exothermic pressure oxidation reactions can be self sustaining at temperatures as high as 225 ºC, without having to preheat the feed slurry. At lower sulphur levels, slurry preheating is required. This is typically achieved by utilising the flash steam released from the slurry letdown stages and contacting this directly with cold incoming slurry ahead of the autoclave. The vessels where this slurry-steam contact is made are known as heaters or condensers, with the number of pre-heat stages varying, depending on how much heat is evolved in the oxidation reaction (Mason, 1990).In nickel laterite pressure acid leaching processes, which operate between 245 and 270 ºC, the only significant exothermic reactions are those associated with dilution of sulphuric acid in the leach. As a consequence, slurry preheating with flash steam is always used commercially. In practice the number of flash steam preheating stages required varies from 1 to 3, driven by a number of factors, including other uses for flash steam and the upper temperature limit at which preheated slurry can be pumped. A diagram of a typical pressure acid leach train is shown in Figure 1.For pressure acid leaching operations and at low sulphur levels in pressure oxidation, boiler generated direct steam addition to the autoclave is required to sustain the reaction temperature. For this reason it is imperative that the flash steam – slurry heat transfer is efficient and the slurry temperature approaches that of the flash steam closely."

Jan 1, 2012

By Tracey Bodnarchuk, Philipp Mirzoev

Sulfate balance control is a common problem for zinc plants. Roast-leach-electrowin plants are mostly concerned with the over-generation of sulfates while for the HudBay direct leach plant both extremes are possible including potential necessity to buy sulfuric acid to replenish a sulfate-depleted circuit, which makes the problem doubly important. Quantitative methods were applied at the HudBay plant to analyze sulfate generation/depletion based on a local sulfur balance and sulfate extraction calculation in the leach circuit, using a Pb-tie method. Main factors were established influencing sulfate generation/depletion, including the critical role of Pb and pyrite. Regression analysis proved to be effective and allowed the quantitative prediction of Pb concentrations necessary to reach the equilibrium for the sulfate balance. This in turn provided a firm basis for a sulfate-control strategy realized through concentrate blend correction, which allowed the plant to fine-tune sulfate generation/depletion effectively reducing economic consequences of excessive/deficient sulfate generation.

Jan 1, 2015

By P. E. Cavanagh

THIS REPORT is not intended to be a ?comprehensive survey of the steel industry in Europe. For the past ten years the Ontario Research Foundation has been interested in several developments in the steel industry in Europe which it was felt would be of particular interest in Canada and might possibly find application in this country. This is an account of the present status of some of these developments. The economies of steel making in Canada are somewhat different than in the United States because of the nature of the market and the relative costs and availability of such raw materials as metallurgical coke and electric power. There are cases in Europe where a great deal of effort and money has been spent in trying to make steel profitably by methods which take advantage of locally available and cheap raw materials by modifying standard practices. ln cases wl1ere the investigations have been successful and the data are available to allow translation of the results into Canadian conditions, it is felt that such information may be of great benefit in the future in Canada and at !east should be known to all those in the steel industry in this country. The field to be covered in this report only comprises the steps from concentration and treatment of iron ores to production of iron and is only concerned with those commercially operating processes well known to us and judged to be of present interest in Canada.

Jan 1, 1957

By G. Deschênes

Located in North West Tanzania, Buzwagi is an underground narrow-vein gold mine owned by Barrick Gold. The plant was commissioned in 2000. The reserves are estimated to be more than 25 years. The ore, containing gold, silver and copper mineralization in sulphides, is processed at 3,300 tpd. This paper presents the results of an investigation to determine the performance of an ammonia-cyanide leaching approach to recover gold from two samples. Coarse gold was recovered by gravity prior to leaching. The gravity tailings had the following composition; 1.97 g/t Au and 0.31% copper for the medium cyanide soluble copper (MCSC) sample and 2.80 g/t Au and 0.53% Cu for the high cyanide soluble copper (HCSC) sample. Experiments were conducted for 72 hours in stirred tank reactors with monitoring and control of parameters. The straight cyanidation produced gold extractions of 76.1% for the MCSC sample and 84.6% for the HCSC sample. Associated cyanide additions were 6.1 kg/t and 11.5 kg/t respectively. The gold extraction of the MCSC sample was improved to 88.8% using 350 ppm NaCN and 700 ppm ammonia. The associated cyanide and ammonia additions were 2.5 kg/t and 1.7 kg/t respectively. For the HCSC sample, 82.5% gold extraction was obtained using 500 ppm NaCN and 600 ppm ammonia. The cyanide addition and ammonia additions were reduced to 3.8 kg/t and 1.0 kg/t respectively. No significant decrease in gold extraction was noticed when the cyanide and ammonia were reduced to 150 ppm and 500 ppm respectively. In the presence of ammonia, a significant amount of cyanide was oxidized to cyanate by the cupric ion. In the absence of ammonia, the formation of copper cyanide was the predominant reaction responsible for consumption of cyanide.

Jan 1, 2012

By W. J. Langford

"Conventional design criteria assume that the fracture strength of a structural material exceeds its yield strength. Fracture below the design load is not expected, y et many structures have failed in this way. The causes of the fractures are almost always discontinuities such as cracks and welding defects. Linear Elastic Fracture Mechanics (LEFM or simply 'fracture mechanics') provides an analytical framework for assessing the influence of sharp defects on the load-bearing capability of a structure. Fracture mechanics techniques have reached the point of acceptance by ASME Design Codes for nuclear components, and ASTM Standards now include well-defined rules for measuring fracture toughness. Starting with a simple equation which relates applied stress and crack size, the influence of the material's thickness and yield strength can be calculated. Thus, the size of defect which will cause failure under the applied stress may be determined. Armed with this information, the metallurgist can assess the safety of a structure from the viewpoints of non-destructive testing standards, construction standards and conditions of operation throughout its service life."

Jan 1, 1976

By E. J. Sides

In this paper, the argument is put forth that the codes used for public reporting of mineral resources and mineral reserves have some significant limitations with regard to the information provided to investors on the short- to medium-term value of mining properties. Such limitations include a) failure to explicitly incorporate a time element and b) failure to state explicitly the quantity and quality of mineral product that will be produced for sale. A time-value framework for reporting mineral assets is proposed in order to overcome these limitations. The proposed system is based on two classification axes: a) an X-axis representing time in years during which the value of the asset is likely to be realized and b) a Y-axis representing the value identified by a mining or exploration company\u2019s activities. The potential benefits of this system are discussed, including the ability to incorporate factors, such as permitting and construction times, directly into the magnitude of the reported mineral assets. The proposed framework would assist in the standardization of mineral assets reporting in such a manner that they could eventually be more readily included in financial statements. Year of Publication: Not explicitly mentioned in the document.

Jan 1, 2010

By Edward R. Rose

This paper summarizes and emphasizes the potential importance of Canadian rare-earth occurrences, and recommends that efforts to locate and evaluate rare-earth deposits should be increased. Increasing world markets, depending on intensive applied research into the numerous unique and remarkable chemical and physical properties of the rare-earth elements (REE), are developing; their properties and uses are becoming better known; methods of separation are much improved. The REE group comprises a Cerium (Light) subgroup of 7 metals and an Yttrium (Heavy) subgroup of 9 metals. REE are trace elements in many rocks and minerals, and major constituents of more than 50 rare-earth minerals, many of which are difficult to detect and identify. They occur preferentially in acidic and alkaline igneous and metamorphic rocks, including carbonatites, as well as in placer deposits, certain uranium deposits, phosphate rocks and others. The main ores now are bastnaesite (in Precambrian carbonatite), monazite and xenotime (in Recent beach sands) as well as uraninite and brannerite (in Huronian quartz-pebble conglomerate) and loperite (perovskite) and apatite (in alkaline complexes). World resources are summarized. Twenty mines in 1973 produced an estimated world total of about 31,000 tons of contained rare-earth oxides (REO), 19,341 tons of which came from one mine at Mountain Pass, California. A selected fifteen, of 315 or more Canadian occurrences, are briefly described and compared, and their relative merits indicated. Their abundance and variety suggest the possibility of finding high-grade deposits in many geological terranes in Canada.

Jan 1, 1979

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