Alternative Models for the Calculation of CAPEX and OPEX for a Hydrometallurgical Plant

"In the case of feasibility assessments or feasibility studies, an important point of discussion is often how to calculate the capital (CAPEX) and operating expenditure (OPEX) of a plant. Generally, there is also the request to know how the CAPEX varies when the size of the plant is increased. Nowadays, many databases give an indication of specific equipment costs in relation to the production rate. These data are based on cost information from equipment suppliers and have to be continuously updated by the owner of the database. The approach presented here is a model which allows sizing of process equipment, for example a leach tank, based on process data in combination with the calculation of mechanical properties. Furthermore, it calculates the CAPEX based on construction material cost and adequate machining surcharges. Thus, a single cost model for a leach tank is adequate for both copper and other hydrometallurgical plants and stays valid with changing construction material prices. To summarize, the advantage of this model is the more versatile approach and thus the flexibility due to the inclusion of design aspects, process and mechanical engineering aspects and an updatable database. The database, which is in regard to material cost and is the basis for the cost estimation, is easily updatable from commonly accessible data. This model thus approaches the procedures of an engineering company when designing a plant and executing a cost calculation. INTRODUCTION Hydrometallurgy nowadays plays an important role in processing of primary and secondary resources. In copper metallurgy, hydrometallurgy accounts for roughly 20 % of worldwide primary production, especially in the case of oxide or low copper-containing ores. Zinc smelters changed their method of production from a pyrometallurgical-dominated concept decades ago to mainly hydrometallurgical routes today. Gold production processes using leaching, especially, have a long history without any development which would not be competitive if not based on hydrometallurgical concepts (Pawlek, 1983; Winnacker-Küchler, 2006)."