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Redesign of secondary magnesium metallurgy in the complex Mg Serbien

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2017
Redesign.pdf (264.6Kb)
Authors
Uljarević, Jelena
Kamberović, Željko
Anđić, Zoran
Kokeza, Gordana
Radosavljević, Darko
Dvojaković, Mihailo
Article (Published version)
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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 th...e promotion of sustainability and a cleaner production strategy, which is the ultimate goal for company and society.

Keywords:
Redesign / secondary magnesium metallurgy / critical raw materials
Source:
Procesna tehnika, 2017, 29, 2, 12-17
Publisher:
  • Savez mašinskih i elektrotehničkih inženjera i tehničara Srbije (SMEITS)
Funding / projects:
  • Innovative synergy of by-products, waste minimization and clean technologies in metallurgy (RS-34033)

DOI: 10.24094/ptc.017.29.2.12

ISSN: 2217-2319

[ Google Scholar ]
URI
http://cherry.chem.bg.ac.rs/handle/123456789/5054
Collections
  • Publikacije
Institution/Community
Inovacioni centar
TY  - JOUR
AU  - Uljarević, Jelena
AU  - Kamberović, Željko
AU  - Anđić, Zoran
AU  - Kokeza, Gordana
AU  - Radosavljević, Darko
AU  - Dvojaković, Mihailo
PY  - 2017
UR  - http://cherry.chem.bg.ac.rs/handle/123456789/5054
AB  - 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.
PB  - Savez mašinskih i elektrotehničkih inženjera i tehničara Srbije (SMEITS)
T2  - Procesna tehnika
T1  - Redesign of secondary magnesium metallurgy in the complex Mg Serbien
VL  - 29
IS  - 2
SP  - 12
EP  - 17
DO  - 10.24094/ptc.017.29.2.12
ER  - 
@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"
}
Uljarević, J., Kamberović, Ž., Anđić, Z., Kokeza, G., Radosavljević, D.,& Dvojaković, M.. (2017). Redesign of secondary magnesium metallurgy in the complex Mg Serbien. in Procesna tehnika
Savez mašinskih i elektrotehničkih inženjera i tehničara Srbije (SMEITS)., 29(2), 12-17.
https://doi.org/10.24094/ptc.017.29.2.12
Uljarević J, Kamberović Ž, Anđić Z, Kokeza G, Radosavljević D, Dvojaković M. Redesign of secondary magnesium metallurgy in the complex Mg Serbien. in Procesna tehnika. 2017;29(2):12-17.
doi:10.24094/ptc.017.29.2.12 .
Uljarević, Jelena, Kamberović, Željko, Anđić, Zoran, Kokeza, Gordana, Radosavljević, Darko, Dvojaković, Mihailo, "Redesign of secondary magnesium metallurgy in the complex Mg Serbien" in Procesna tehnika, 29, no. 2 (2017):12-17,
https://doi.org/10.24094/ptc.017.29.2.12 . .

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