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"In the present study, the reduction behavior of composite pellets comprising of iron oxide, synthetic graphite and slags were investigated in a laboratory-scale horizontal tube furnace. Two different types of slags indicating silicate base and aluminate base slags were chosen to examine the effect of slag chemistry on the reduction behavior of pellets. Slag composition of binding materials has influences on the reactions occurring in composite pellets during direct reduction. In-situ high temperature visualization approach was used to observe the slag / iron / carbon interactions at 1773K (1500°C). The off-gases were measured by means of infrared analyzer to determine the reaction rates of the pellets. Different physical appearances during the in situ reaction inferred a strong correlation between the slag composition and internal reactions. In addition, compression tests were conducted to examine physical strength of the pellets. This investigation was carried out to establish feasibility of physical property control of pellets by selecting optimum slag compositions of binding materials INTRODUCTIONCurrently, most of the iron ore mines have facilities that make an ore more usable for the blast furnace operation by improving its physical properties (e.g. pelletizing and sintering). However, during the process, a large amount of fuel is supplied to indurate materials which consequently deteriorate energy efficiency and produce more CO2 emission. Along with increased interests, direct reduced iron (DRI) making process; simply without coke oven or sintering process, has opened the era of clean and environmental friendly iron making process. While some of the established DRI technologies such as Midrex and HYL were restricted to certain locations where natural gas is abundant, coal based technologies using Rotary Hearth Furnace (RHF) such as FASMET and ITmk3 have been developed with regardless of expensive fuel deposit. In addition to the direct use of pulverized non coking coal and fine iron ore, RHF process also has advantages of utilizing waste materials such as EAF dust, biomass and recycled plastics. Nevertheless, there are still many challenges in the coal utilizing technologies as the unprocessed coal and the waste materials contain huge volatiles and ashes. Although recent investigations on volatiles in a RHF process (Sohn and Fruehan, 2005, 2006) have indicated the benefits of coal in terms of iron oxide reduction and have shown feasibility of multi-layer process, carbon composite pellets still have disadvantages because of its weak mechanical bonding strength. As the mixed system with carbon and oxides generates intermediate gases (e.g. CO and CO2) between solid particles, it is difficult to keep its physical state without the help of binding materials. In this reason, industries have been tried to use various binding materials such as bentonite, kaolinite and Portland cement. However, they are still struggling to find out new materials that provide not only sufficient mechanical strength but also metallurgical properties, such as porosity, reducibility and swelling throughout the reduction reaction. Recently, Canadian researchers (Aota et al, 2006) observed enhanced mechanical strength of pellets by using high alumina cement as a binder and concluded that the method could be used to recycle EAF dust as well, but in depth mechanism of reinforced strength has not been concerned. Most of the ashes coming from binders formulate certain type of slag during the reduction process due to its incombustibility. Thus, observation and regulation of slag property is an essential for the control of carbon composite pellet. Yet, only a little thermodynamic consideration from the perspective of slag chemistry has been adapted in the iron and steel making industries as ash has been easily ignored for its tiny proportion. In this study, effect of CaO-SiO2- Al2O3 slag system on the reduction of iron oxide was investigated in terms of"

Jan 1, 2012

By Adrian Dance

Newmont Mining Corporation?s Carlin (?Carlin?) operation processes roaster feed through a double rotator, dry grinding mill following secondary crushing. Metso Process Technology & Innovation (?PTI?) was involved in a review of crushing and dry grinding circuit operations in August 2009. A number of opportunities for increased throughput were identified in the PTI study. Extended plant trials were conducted in July 2010 to provide justification for possible circuit modifications and if needed, additional equipment. The trials confirmed that a finer crusher product would reduce the build-up of material ahead of the coarse grinding chamber in the double-rotator. Also revealed were material transport and airflow restrictions in the dry grinding circuit that resulted in a high circulating load. The secondary crushing plant demonstrated it was capable of reducing the amount of +¾? material in the mill feed thus increasing dry grinding throughput. However, wet and sticky feed affected screening efficiency resulting in low utilisation of the existing crusher capacity. The open circuit configuration also made it difficult to control crushing circuit product size. For the dry grinding circuit, changes in grinding media size, transfer grate design and increased airflow were recommended to reduce circulating load issues and increase circuit capacity. This paper summarises the crushing and grinding circuit review, the extended site trials performed by PTI and the improvements in dry grinding operation that resulted from this study.

Jan 1, 2012

By J. R. Fisher

"Uranium may be leached to some extent in situ from the Blind River conglomerate uranium ores by using the products of bacterial activity from the bacterium Thio-bacillus ferrooxidans his paper describes some of the laboratory techniques used to investigate the characteristics of the bacteria, and to utilize their properties in uranium leaching. The application of some of the laboratory results underground at the Milliken mine of Rio Algom Mines Limited are de-scribed, along with the method of uranium recovery from the mine waters."

Jan 1, 1966

By C. J. Brown

Regeneration of hydrochloric acid steel pickle liquors has traditionally been accomplished by pyrohydrolysis. However, a number of factors have recently conspired to reduce the attractiveness of this approach. Moreover, the process is not amenable to small-scale operations. On the other hand, the standard technique for regeneration of sulfuric acid pickle liquors, which is the low-temperature crystallization of ferrous sulfate is applicable to any size operation. A similar technique has recently been developed to regenerate hydrochloric acid. Sulfuric acid is added to the ferrous chloride-bearing spent HCl pickle liquor. The temperature is then reduced to below 0°C, resulting in the crystallization of ferrous sulfate heptahydrate and liberation of free hydrochloric acid. Depending upon the crystallization temperature, variable concentrations of sulfate are left in the regenerated acid. Although this residual sulfate has an impact on the pickling characteristics of the regenerated acid, tests have shown that by adjusting the conditions, pickling rates will be at least equal to those using pure HCI, and an acceptable surface finish will be produced.

Jan 1, 2006

By Parviz N. Farsangi, Ferri P. Hassani, Allen G. Hayward

"Kidd Creek Mines places approximately 10 000 tonnes of consolidated rockfill (CRF) daily. Consolidated rockfill comprises sized aggregate mixed with different ratios and amounts of binders. Consolidated rockfill is employed to simplify subsequent pillar recovery and provide improved passive/active ground support.The consolidated rockfill is designed to sustain not only the gravitational loading of the overlaying fill material, but also to some extent the dynamic loading applied during blasting of the adjacent stopes and/or pillars. This paper describes the steps taken to optimize the pre-sent fill system at Kidd Creek Mines.The emphasis is on four areas which have high saving potential: lower cost alternative binders, structural design, quality control measures, in-situ testing techniques for back analysis. A consolidated rockfill design optimization chart was developed from these investigations."

Jan 1, 1996

By A. Alfantazi, E. Asselin

"The corrosion of commercially pure titanium (CP-Ti) was studied from room temperature up to medium temperature (~160°C) under conditions relevant to medium temperature chalcopyrite leaching processes. The corrosion rates were measured by immersion and electrochemical tests in sulfuric acid. The influences of chloride, cupric and ferric ions on the corrosion rate and behavior were also investigated. Corrosion of the CP-Ti did not account for the total current density measured by linear polarization tests. The corrosion rates of CP-Ti under medium temperature leaching conditions were surprisingly high. The corrosion rate measured in ferric containing solution at 160°C was approximately 20 mm/yr.INTRODUCTIONTitanium exhibits excellent corrosion resistance in many aggressive environments because of the formation of a very chemically stable, highly adherent, and protective oxide film on its surface (Mitsuo et al., 2002). Because titanium is the only metal available at a reasonable cost that resists the high temperature corrosive slurries in many leaching processes, it is often chosen as autoclave liner material where it is subjected to severe conditions of acidity, temperature and pressure (Grauman and Say, 2000).A number of distinctly different hydrometallurgical processes for the pressure leaching of chalcopyrite have been developed and patented by various companies and they can be classified into low, medium and high temperature regimes (McDonald and Muir, 2007). For example, chalcopyrite concentrate may be processed at medium temperatures (115-175°C) and pressures of 800-2200 kPa (Dreisinger, D., 2006; Sahu and Asselin, 2011). The lixiviant may contain 20 to 55 g/L sulfuric acid, 8 to 12 g/L chloride ions, 10-25 g/L Cu2+ (Jones, 1995, 1997, 1999), and less than 1 g/L Fe3+ (Defreyne et al., 2005). The amount of these additions is determined by the grade of the ores and details are shown in Table 1."

Jan 1, 2012

By D. Bernard

Over the last decades, the wrought aluminum casting industry has made significant progress with regards to process consistency by the introduction of new technologies in the field of liquid metal processing and casting. These technologies, combined with the application of best practices, have led to increases in productivity as well as better process performances and product quality. The competition in the addedvalue aluminum products (by opposition to P1020 production) is, however, very strong and involves players that did not hold a major role five years ago but who are now exerting a strong competitive pressure on our industry even sometimes from far abroad. There are still technical and technological challenges remaining in the different areas of aluminum casting production, amongst which metal pre-treatment, furnace operations, in-line treatment and casting hold a predominant influence. The comprehension of the contribution of each individual process step to the entire process chain is a key element and must be considered in future process optimisations. This paper presents the technological position of the casting industry and tries to highlight areas where further progress can be made.

Jan 1, 2006

By R. F. Baxter, C. M. Read, R. I. McCulloch

"Globalization of the aluminium industry continues to increase the pace of change and the intensity of competition, while simultaneously, society demands better products, cleaner technologies and sustainable industries. Bechtel, a global engineering, construction and project management company, is not immune to either the opportunities or the challenges created by globalization. However, and not withstanding the challenges, for aluminium industry ""players"" with a true global perspective, globalization presents very real opportunities that may be leveraged to deliver value creating goods and services. The following paper will focus on the exploitation of one of the opportunities created by globalization in the Knowledge Management domain - the application of high level tools and methodologies to improve global delivery of greenfield and brownfield aluminium smelter construction projects. Specific examples will be presented of value driven solutions that were delivered at the early stages of project engineering."

Jan 1, 2006

By E. Ghali

"Corrosion of support system components (e.g., bolts, mesh, plates) is a safety and economic concern in underground mines. This paper reports the results of a five-year study wherein corrosion coupons were installed at select locations in participating mines, recovered at regular intervals, analyzed for signs of corrosion, and tested to quantify loss in capacity. Complementary tests were conducted on recovered mesh and friction bolt specimens. The data provide insights into contributing factors for support systems corrosion, which aid in the selection of appropriate support strategies and reliable assessment of the useful life and need for rehabilitation of a support system.RÉSUMÉ La corrosion des composantes des systèmes de soutien (p. ex. boulons, grillages et plaques) est une préoccupation économique et de sécurité dans les mines souterraines. Cet article présente les résultats d’une étude de cinq ans pendant laquelle des coupons de corrosion ont été installés à des endroits spécifiques dans les mines participantes; ces coupons ont été retirés à des intervalles réguliers, analysés pour des signes de corrosion et mis à l’épreuve pour quantifier la perte de capacité. Des essais complémentaires ont été effectués sur les grillages récupérés et sur les échantillons de boulons d’ancrage. Les données aident à comprendre les facteurs qui contribuent à la corrosion des systèmes de soutien, ce qui est utile dans le choix de stratégies appropriées de soutien et pour une évaluation fiable de la durée de vie utile et du besoin de remise en état d’un système de soutien."

Jan 1, 2015

By M MacMillan

THE following is a brief description of the method of hoisting ore automatically at the No. 14 shaft of Mcintyre Porcupine Mines, Limited, Schumacher, Ontario. All ore and waste below the 3875-ft. level is hoisted up No. 14 shaft from the 7000-ft. level to the 3000-ft. level. Seventy to seventy-five per cent of the mining is done in this area. The shaft consists of four compartments: a man way, a ventilation compartment and two skip compartments. The hoist, located on the 3500-ft. level (see Figure l), is an 80-in.-diameter, 4-rope friction winder, utilizing two 6-ton front-dump skips in balance. The hoist is powered by a 1,100-h.p. A.C. motor, the maxi-mum speed being 2,400 ft. per minute. The operation can be either manual, push-button automatic from the pocket, or fully automatic. Men can be raised or lowered in the skips, using a collapsible aluminum platform placed inside the skip box.

Jan 1, 1963

By E. C. Sanford

A laboratory-scale batch extraction unit and operating procedure for studying the hot-water separation of bitumen from Athabasca tar sands are described. The extractor evolved from earlier units and has been in use by Syncrude Research for the past 10 years. By using a unit such as this, it is possible to study tar sand feed quality and the effects of chemicals on the hot-water extraction process, while process variables are held constant. Data are presented to demonstrate the importance of surfactants to the process and the interrelated role of inorganic bases and surfactants.

Jan 1, 1979

By R. Burns, A. I. A. Salama, M. W. Mikhail

"Large amounts of oil sand tailings are produced in the Fort McMurray area, including sand, clays, and misplaced bitumen. The objective of the present study (as part of the overall engineered tailings program) is to select and evaluate the role of hydrocyclones in removing most of the solids from the tailings slurry and producing an underflow product containing about 75% solids.Multistage cyclones were evaluated in pilot plant tests. Slurry feeds with different percents solids and increasing ratios of superfines (–44 µm) were used in testing multistage cyclone circuits. A two-stage Linatex separator circuit gave high recovery to the underflow of 98.8% to 99.6% by mass with the desired high solids content in the underflow of 73% to 75% by mass. Changes in feed solids content (20% to 50%) had little or no influence on cyclone underflow recovery and solids content. The keys to achieving such results were the apex control mechanism and operation at relatively low feed pressure (<60 kPa for 23 cm F cyclone) when the feed solids content was high. Increasing superfines above 7% by mass in the feed resulted in a significant reduction in the recovery to the underflow, probably due to the heavy medium generated by excessive amounts of clays in the cyclone. Pilot plant results were better than those predicted by available cyclone simulation models in terms of recovery and solids concentration in the underflow.Increasing cyclone diameter from 23 cm for the Linatex separator to 51 cm for the Krebs cyclone appears to have little or no effect on size cutpoint."

Jan 1, 1997

By Neil Campbell

"The Pine Point area is on the south shore of Great Slave Lake, 510 air miles north of Edmonton and J JO miles south of Yellowknife, N.W.T. The occurrence there of lead and zinc was reported in J 899 by R. Bell (5) of the Geological Survey of Canada, and in the following years several claims were staked and some prospecting was done. In 1928 Atlas Exploration Co. took over the property containing the discovery occurrences. In 1929 The Consolidated Mining and Smelting Company of Canada Ltd. (""Cominco"") and Ventures Ltd. participated with Atlas in forming the Northern Lead-Zinc Co., which, under the direction of J. M. Bell, carried out 24,499 feet of drilling in the discovery and surrounding areas. Two shafts and many surface pits were also sunk. This work showed that the discovery deposits contain about 500,000 tons of lead-zinc ore, but no new orebody was found.In 1936 D. F. Kidd (11) drew attention to the highly significant space relations between the base-metal discoveries at Pine Point and the projections of certain major Precambrian faults mapped earlier by C. H. Stockwell. Geological work by Cominco in 1940 and subsequent years suggested the presence of mineable deposits within a belt of land including part of the area of earlier field work and extending far beyond it. Between 1946 and 1954 exploration financed by Cominco and Ventures Ltd. included 182,950 feet of diamond drilling, 383 feet of sinking, and 240 feet of drifting, raising, and crosscutting. This work was successful in finding substantial quantities of new ore in places where bedrock is completely concealed.The topography is one of low relief, characterized in many places by swampy muskeg and shallow, marl-bottomed ponds. The area where ore has been found is generally higher ground which, though not well drained, is comparatively dry. It is also marked by raised beaches and a few sand dunes overgrown by small spruce and pine. Bedrock is generally overlain by a variable thickness of hard, glacial boulder clay. This in turn is covered by silt, sand, and gravel, probably deposited from the waters of Great Slave Lake, which formerly extended many miles beyond its present southern shore."

Jan 1, 1949

By Magdy Ibrahim

This paper presents experimental design and development of a low-cost remote sensing hardware designed to support automated site data acquisition for near real-time progress reporting of construction operations. The developed hardware utilizes open source microcontroller equipped with multiple sensors that include 3D accelerometer, GPS, Data logger and Bluetooth. The use of open source microcontroller makes the developed design cost effective; freeing it from the need for costly license fees. Its platform configuration is flexible; enabling the addition of temperature, weight and other sensors, Wi-Fi and Xbee capabilities to suit individual field applications. Pilot tests have been carried out in laboratory and outdoor environments. The results prove effectiveness and robustness of the developed configuration. The paper provides description of the individual components used in the development of this prototype hardware. It also describes the technical characteristics, capabilities and limitations of the developed hardware. The findings of comparison with alternative technologies used for outdoor tracking of construction operations are presented. The comparison is carried out with respect to range, cost and suitability for outdoor environment. The developed hardware is expected to support a wide range of applications including tracking of earthmoving operations, highway construction and onsite resources. As well, it is expected to enhance safety on construction jobsites.

Aug 1, 2013

By Yu Chen, Charlie C. Li

The application of rock bolts for the stabilisation of underground openings needs a good understanding of the response of the bolts during rock excavation. The pull-and-shear performance of two types of rock bolts—that is, the fully encapsulated rebar and the D-Bolt—has been studied both experimentally and numerically. The rock bolts were tested under a pull-and-shear load at five displacing angles (i.e., 0°, 20°, 40°, 60°, and 90°), and at the same time, the strains on the bolts were monitored during testing. The two types of rock bolts have similar loading capacities, while the loading angle has obvious influence on the deformation capacity of the D-Bolt. The ultimate total displacement of the D-Bolt decreases from 140 mm under pure pull loading to 70 mm under shearing. The displacement capacity of the rebar is not significantly influenced by the loading angle but remains at a quite low level from 29 to 53 mm. The D-Bolt yielded in a longer section the rebar bolt under pure shear. A trilinear material model was used to simulate the strain hardening behaviour of the bolt steels in the numerical code FLAC3D. The numerical results show that the axial load in the bolt decreases exponentially with the distance from the loading position for the rebar bolts, but it remains constant in the bolt sections between the anchor positions for the D-Bolts. When the bolt is subjected to a lateral load, shear stresses are created on the D-Bolt surface within a short distance from the loading position.

Jan 1, 2015

By H. Q. Fan

Construction equipment is an important type of resources of heavy construction contractors. Since equipment breakdowns can cause project delays and significant financial losses, the contractors are eager to know those factors causing equipment failures directly or indirectly, related to equipment design, maintenance, and operations. Although Bayesian network can be used for diagnostic analysis of failure events or making predictive analysis, building a Bayesian network for such purpose can be difficult as the cause-effect relations can be subjective and their conditional probabilities change with a wide variety of causal factors. A hybrid approach is proposed in this paper to update the Bayesian diagnostic network structures and parameters using real life data, the conditional probabilities and cause-effect relationships can be dynamically updated with observed failure records to reflect the real life situations of a complex equipment system. A case study is conducted to show the benefits of the hybrid approach in construction equipment diagnostic analysis.

Aug 1, 2013

By A. Hayatdavoudi, K. G. Sawant, F. Boukadi

"In this work, we found that contact between shale and water results in development of micro fractures. Based on results of experiments on Pierre shale, we conclude that appearance of micro fractures begin with saturation of capillaries, ionic and diffusive transport of water into the shale clays and once capillaries are saturated, the cause of micro fracture propagation is the conversion of ionic activity/exchange to excess pressure that did not exist before fracking. Based on these findings, the spread of micro fractures appear to be a time-dependent phenomenon which has not been addressed in the existing macro/micro fracture models.INTRODUCTIONShale has often been involved as a hazard in drilling operations. This hazard can be defined as “destabilization” of shale. When contacted with water-based drilling fluids, some shales readily swell and sometimes, cause the wellbore to cave-in, slough, wash-out, close, and pack-off, impeding the drilling by sticking the drill-pipe. However, once drilling reaches the desired depth or length, the casing is set, cemented, and perforated, and then actually we wish to initiate fractures and destabilize the shale formation, using hydraulic fracturing.Clays constitute a major portion of minerals in shale. These clays contain a large amount of free energy which is the main factor for “slick” water adsorption/absorption. In fact, the reason for using “surfactants” in hydraulic fracturing fluids is to make the penetration of the fluid into the capillaries much easier, thus water meets with less resistance to enter the small capillaries. Also, the result of high capillary suction pressure is due to small Angstrom size capillaries, smaller pores and presence of ions and hydrateable metal atoms. The free energy is thus, related to all the above mentioned and other affects. Capillary pressure, osmotic pressure and other pressures are responsible for creating the micro-fractures in shale, thus, increasing the network of micro-fractures which leads to more gas production. The objective of this study is to evaluate the pressures of the individual ions which are released by the diffusing “slick” water into shale. These pressures would be added to the above mentioned capillary pressure, osmotic pressure, bacterially-induced pressures, chemically-induced reaction pressure, pressure due to exchangeable ion-transport, pressure due to release of free energy of solvation and eventually to the pore pressure as suggested by Terzaghi’s equation."

Jan 1, 2015

By I. A. Kovalevska

Considered problems: elaboration and implementation of resource-saving technologies, low-cost support systems improvement, openings security and support, based on wallrock condition control with supreme implication into the rock pressure occurrence counteraction work. Results of analytic and underground investigations using computer simulation of the finite elements in order to calculate stressstrain state of the multivariable geomechanical systems are presented. Solutions of concrete objectives are found using spatial geomechanical model of solid motion around openings, considering real geomechanical parameters formation of support forms with proper conditions of their contact and real mechanical characteristics. Ultimate solutions of resource-saving technologies implementation based on the analysis of multivariate vertical, horizontal, and reduced stresses components calculation and also near-contour rock, support bearing components and security constructions movements are found. Results of experimental investigations of combined supports and security constructions, which increase openings&apos; stability in difficult conditions of flat coal seams are presented.

Aug 1, 2013

"Dry crushing trials at pilot scale have shown that the IMPTEC Super-fine Crusher has the capacity to generate ultra-fine products from hard mineral assemblages presenting at either coarse or fine feed sizes. The super-fine crusher was introduced at the 27th International Mineral Processing Congress in Santiago Chile, with results from a range of duties, which demonstrated the crusher’s potentially expansive operating scope. This paper focuses on current preparations to progress the technology from pilot scale to commercial scale within a concrete production plant, where lead blast furnace slag will be crushed to ultrafine sizes to generate an active silica product for use as a supplementary cementitious material, which can replace Ordinary Portland Cement. A key objective of the operation is to demonstrate an economical route to reducing the cost of concrete production, improving concrete quality and reducing greenhouse gas emissions. The paper also highlights the potentially key contribution super-fine crushing can make to the long-term viability of iron ore beneficiation by simplifying comminution flow-sheets and reducing operating costs. There is every indication that the technology has the potential to feature universally in metalliferous and industrial mineral flow-sheets. INTRODUCTIONToday’s IMPTEC super-fine crusher is the successful end product of development work over 19 years and is the third particle size reduction device conceived, built and tested over that time. The concept evolved as engineering design progressively developed a mechanism capable of harnessing a highly efficient combination of fundamental particle breakage mechanisms. Early development trials at pilot scale indicated that super-fine crushing had the potential to establish a wet or dry, media free, low energy route to ultra- fine products from hard mineral assemblages. Having achieved some impressive results from open circuit pilot tests on fly ash and granulated blast furnace slag it became clear that the cement industry may well provide opportunities to apply the technology commercially. Following expressions of interest from local cement and concrete plant operators, IMPTEC negotiated an agreement to undertake commercial trials with a SFC 350 super-fine crusher installed on site at a concrete supply plant in South Australia. Super-fine crushing scope was recently expanded following further expressions of interest from research groups involved in the processing of iron ores. Pilot trials are progressing in these areas."

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