The natural mineral reserves are shrinking and it is the time when we have to keep a sharp eye on to extract even smallest amount of minerals from wastage, or identify the ways through which alternative resources can be exploited in exchange of minerals in industrial processes.
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In this regard, VTT Technical Research Centre of Finland Ltd came up with Mineral Economy innovation programme to develop innovative technologies for exploiting them in different industries such as mining industry.
The company started a programme in order to revitalize the mineral resources specifically metal, plus the advancement in the process of raw materials to avoid excess wastage through ecological product design. The whole development has been made to avoid menace or in more clear terms, overcome on mineral scarcity and environmental challenges, which may occur into business practices of Europe.
According to study, the total volume of essential minerals which are used in industrial purposes will likely to be dwindled in the next 20 years, if not become successful in realizing the new mineral reserves or find out substitute sources in an earliest manner. The contingent plan would be comprised on saving wastage from mining operations or consumer segment. Numerous methods have been explored to extract the valuable substance from such instances even more effectively in these days.
The adoption of alternative should be strictly pursued for instance; power and electronics are among the crucial components that will surely generate the problem solving opportunities and way outs for raw materials. However, the watchful oriented approach should be taken during product design at the same time, just to make sure tailings and recover precious raw materials through recycling process.
The research expert at VIT, Olli Salmi stated that, the on-going recovery means are too simple and in future, it needs to be flourished and transformed into more sophisticated processes that promote the environmental interest.” The recent example for next level method is the mushroom mycelium mat filters that minimize the wastage of gold, designed by VIT.
Precisely, the advanced recovery alternatives of raw material are the best way to avoid harmful and crucial raw materials exploited in Manufacturing.
