@article{
author = "Uljarević, Jelena and Kamberović, Željko and Anđić, Zoran and Kokeza, Gordana and Radosavljević, Darko and Dvojaković, Mihailo",
year = "2017",
abstract = "In the current study it has been concluded that production of magnesium is only feasible by principles of closing the production cycle through optimization and synergy between primary and secondary magnesium production in order to generate as least as possible waste, emission and pollution in the Pidgeon process. The time of return of investment in redesign of secondary magnesium metallurgy was concluded to be 3.11 years which is the shortest time for this kind
of projects. The parameters as the individual discount rate 11.50%, internal rate of return, period of return 19%, positive net present value and profitability index 1.98 are acceptable. The unit capital cost per unit of $ 5,267/t and unit OPEX of $ 1,395/t were indicative of the economic success of this project and the most appropriate parameters have been achieved. Also, using gas as a fuel instead of coal will reduce OPEX for 8.4%. With this model waste substances are converted
into highly profitable resources along with the promotion of sustainability and a cleaner production strategy, which is the ultimate goal for company and society.",
publisher = "Savez mašinskih i elektrotehničkih inženjera i tehničara Srbije (SMEITS)",
journal = "Procesna tehnika",
title = "Redesign of secondary magnesium metallurgy in the complex Mg Serbien",
volume = "29",
number = "2",
pages = "12-17",
doi = "10.24094/ptc.017.29.2.12"
}