ECONOMIC FEASIBILITY OF IMPLEMENTING MODERN TECHNOLOGIES IN MINING AND PROCESSING

Abstract

The mining industry is undergoing a period of radical transformation due to the need to increase economic efficiency and adapt to modern challenges. This study focuses on a comprehensive analysis of the economic feasibility of implementing digital and automated technologies in mining and processing operations. When managing the costs of a mining enterprise, it is important to consider the technological and economic characteristics of mining operations. However, existing cost management methods do not fully take into account these characteristics. Therefore, there is a need to develop cost management methods for mining enterprises that are tailored to their economic and technological needs. The methodology proposed by the authors includes an analysis of the technical and economic indicators of 180 mining enterprises for the period 2020-2024, the use of comparative analysis methods, and the calculation of net present value and internal rate of return. The authors believe that the use of a comprehensive approach in the methodology of technical and economic analysis, taking into account the specific features of mining and processing plants, should become a mandatory condition for reporting by mining and metallurgical corporations. The study confirms the high economic efficiency of technological modernization of mining enterprises and substantiates the need for an accelerated transition to intelligent production systems.

Keywords

Mining production automation, digital technologies, economic efficiency, mining and processing plants, industrial internet of things, predictive analytics, and investment attractiveness.

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