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Compiled by Dr. Joe Herbertson
June 2001
Sustainable Resource Processing
Executive Summary - The Essence of the Analysis
•Sustainable Development is generally regarded as the simultaneous striving for economic prosperity, environmental health and social equity. Sustainability implies society creating a long term stable relationship with nature, upon which we depend for pleasure, goods and services, and survival. The challenge is to achieve economic advancement with equity and within the coping capacity of natural systems
•The global goal of Sustainable Development is not achievable without major changes in the way goods and services are delivered and material needs are satisfied, which requires tremendous innovation in the supply chains and life cycles in which minerals and energy processing take part
•The ratio of the value of products and services delivered to net environmental impacts will need to improve by a Factor X over the coming decades, where X could be as high as 10 or more; the challenge is to find economically attractive and socially responsible ways to get there
•This can be achieved by a combination of persistent incremental improvement and breakthrough innovations, creating a vision and setting stretch targets, application of new technologies, re-design of business models and engaging the workforce as well as collaborating with specialists and wider stakeholders
•The successful resource company of the future will be a leader in ‘Resource Stewardship’, which means progressively eliminating wastes and emissions throughout the minerals life cycle, and optimising the selection and use of raw materials, energy sources and reagents to enhance both economic and ecological outcomes
•In resource processing intense areas, the opportunity exists for performance to be further improved through regional synergies based on industrial ecology principles and collaborative ventures
•Research is needed to help create a compelling long term vision of sustainable minerals and energy processing as well as supporting improvements in existing operations and new growth projects, based on resource stewardship, eco-efficient production, secondary materials processing and breakthrough technology