Journals →  Gornyi Zhurnal →  2017 →  #4 →  Back

ArticleName Methodical basis for assessment of local market capacity for manufacture of products from mining waste
DOI 10.17580/gzh.2017.04.07
ArticleAuthor Peshkova M. Kh., Popov S. M., Stoyanova I. A.

National Research Technological University – MISIS, Moscow, Russia:

M. Kh. Peshkova, Professor, Doctor of Economic Sciences,
S. M. Popov, Professor, Doctor of Economic Sciences
I. A. Stoyanova, Professor, Doctor of Economic Sciences


The technical approach described in the article allows justifying the economic expediency of production using mining waste. The production can be beneficial in many instances, owing to adjacency of business agents engaged in manufacturing, distributing, consuming and exchanging activities. The approach is based on the evaluator of the local market capacity relative to mining waste conversion products. In order to find the capacity of markets relative to waste products, the algorithm contains a procedure of overlapping of contour lines of consumer costs set for the mining waste conversion products and contour lines of costs of the analogous value products delivered from the remote areas relative to the market under analysis. As a result of the overlap of the contour lines, preference (competitive ability) segments are revealed in the local markets for the products manufactured from waste. In the capacity of the boundaries between the local market segments, the algorithm assumes the contour lines of competitive costs set at a certain grading for different kinds of products manufactured from waste. In view of the nonuniform distribution of the demand, price and cost of products manufactured from mining waste over the area of a local consumer market, the cumulative profi t margin of saturation of different segments in the market will enjoy different increment. The plants engaged in the conversion of mining waste will forward products initially to the local consumer market segments that offer the most competitive prices and then to the market segments with less competitive prices, and so on down in price. The cumulative profit of local marketing of products manufactured from mining waste will equal the integral sum of profi ts made in the market segments. Manufacture of different products from mining waste will be expedient if the cumulative profit of marketing of the use values will be higher than minimum permissible value to ensure the wanted (required) level of the production efficiency in the specific mineral mining regions. The preferred areas in the activity of plants engaged in conversion of mining waste will be the areas that enable the highest profit of the production and sales of the use values in the local markets.

keywords Mining waste, local market capacity, market segment saturation, manufacture of products from waste

1. Yushina T. I., Petrov I. M., Avdeev G. I., Krylov I. O., Valavin V. S., Pak S. G., Dunaeva V. N. The future use of natural and man-made iron ore raw materials in the Russian Federation. Gornyy informatsionno-analiticheskiy byulleten. 2015. No. 2. p. 416.
2. Minibaev R. R., Korchagina T. V., Novikova Ya. A. On mining wastes recycling by Kuzbass enterprises. Ugol. 2016. No. 8(1085). pp. 121–123.
3. Kachurin N. M., Kalaeva S. Z., Vorobev S. A. Production of magnetic fluids from industrial wastes. Obogashchenie Rud. 2015. No. 2. pp. 47–52. DOI: 10.17580/or.2015.02.10.
4. Verzhanskiy A. P. Problems of mastering of technogenic mineral resources in Russia. Gornyi Zhurnal. 2016. No. 7. pp. 105–106.
5. Novoselov S. N. Investigation of the processes of formation, functioning and interconnection of local markets. Problemy ekonomiki i yuridicheskoy praktiki. 2013. No. 4. pp. 98–100.
6. Henckens M. L. C. M., van Ierland E. C., Driessen P. P. J., Worrell E. Mineral resources: Geological scarcity, market price trends, and future generations. Resources Policy. 2016. Vol. 49. pp. 102–111.
7. Bosmans A., Vanderreydt I., Geysen D., Helsen L. The crucial role of Waste-to-Energy technologies in enhanced landfill mining: a technology review. Journal of Cleaner Production. 2013. Vol. 55. Special Volume: Urban and Landfill Mining. pp. 10–23.
8. Laurent A., Bakas I., Clavreul J., Bernstad A., Niero M., Gentil E., Hauschild M. Z., Christensen T. H. Review of LCA studies of solid waste management systems – Part I: Lessons learned and perspectives. Waste Management. 2014. Vol. 34, Iss. 3. pp. 573–588.
9. Shadrunova I. V., Orekhova N. N. Ecology and economic aspects of complex processing of technogenic hydromineral raw materials. Gornyy informatsionno-analiticheskiy byulleten. 2014. Special issue No. 1. Proceedings of the scientifi c symposium «Miner's Week-2014». pp. 161–179.
10. Scott P. W., Eyre J. M., Harrison D. J., Bloodworth A. J. Markets for industrial mineral products from mining wast. Geological Society Special Publication. 2005. No. 250. Sustainable minerals operations in the developing world. pp. 47–59.
11. Popov S. M., Kharchenko V. A. Methodological basis of economic assessment of mining industry wastes. Gornyi Zhurnal. 2009. No. 1. pp. 86–88.
12. Castro-Gomes J. P., Cano R. P., Silva A. P., Albuquerque A. Potential for reuse of tungsten mining waste-rock in technical-artistic value added products. Journal of Cleaner Production. 2012. Vol. 25. pp. 34–41.
13. Zhou C., Gong Z., Hu J., Cao A., Liang H. A cost-benefi t analysis of landfill mining and material recycling in China. Waste Management. 2015. Vol. 35. pp. 191–198.
14. Myaskov A. V., Popov S. M. Methodical basis of formation of the ways of use of technogenic mineral raw materials. Gornyy informatsionno-analiticheskiy byulleten. 2015. Special issue No. 1. Proceedings of the scientific symposium «Miner's week-2015». pp. 157–166.

Language of full-text russian
Full content Buy