Knowledge synthesis on the mine life cycle and the mining value chain to address climate change
Alireza Gholami,
Batur Tokac and
Qian Zhang
Resources Policy, 2024, vol. 95, issue C
Abstract:
The escalating demands for mineral commodities driven by population growth and energy transition are prompting the mining industry to intensify extraction efforts and respond to the imperatives of climate change. Concurrently, the pressure of climate change-related concerns necessitates mining operations to enhance their environmental, economic, and social sustainability. This review aims to synthesize the overlapping knowledge from the mine life cycle (MLC) and the mining value chain (MVC) to distill the practices and strategies for mining's climate action as an extended producer responsibility. The first focus of this study was to examine the concepts of MLC and MVC and their interconnections. Subsequently, an in-depth literature review was conducted to map each stage of the MLC to the value chain regarding mining's climate action and future requirements. Our work pinpointed specific climate-related challenges and opportunities at every juncture, underscoring the importance of strategic mine planning with climate objectives, design for closure, renewables deployment, green mining technologies, agile and lean operations, risk mitigation for premature mine closure, and climate information transparency.
Keywords: Responsible mining; Climate action; Life cycle management; Mineral value chain; SDG 13 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:95:y:2024:i:c:s0301420724005506
DOI: 10.1016/j.resourpol.2024.105183
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