Current Trends in the Development of the Coal Industry, Taking Into Account the Impact of the Pandemic

Lyalin, A.М.; Zozulya, Anton; Eremina, Tatyana N.; Zozulya, Pavel

doi:10.18796/0041-5790-2021-5-62-65

Cited by 4 publications

(2 citation statements)

References 1 publication

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“…(3) Transformation of reference circular models into industry cicular models by combining directions (1) and stages of production stages (2). The result is a conceptual scheme for the formation of industry basic circular models, taking into account the principle of preserving the value of resources throughout their life cycle.…”

Section: Methodsmentioning

confidence: 99%

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Circular Economy Models in Industry: Developing a Conceptual Framework

2022

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One of the trends in sustainable economic development is the transition to circular business models, which aim to optimize goods and material flows by taking into account their cyclical nature at all production stages. Adapting circular business models to mining and mineral processing operations can serve as an impetus for mining companies to upgrade and move to a new level of technological sophistication. This article attempts to develop a conceptual framework for circular business models factoring in the nature of production chains in coal mining, power generation, and metal production to reduce production costs, expand the product range, improve sustainable development indicators, and deliver growth in company value. This article is based on desk studies that were aimed at analyzing the efficiency of circular models, organizing data on experience in rational resource use in the mining industry, and transforming basic circular models into adapted ones for the environment in which coal companies operate. This study developed a conceptual framework of options for the implementation and evaluation of circular business models using an interdisciplinary approach and taking into account the specific features of coal companies and the principle of a resource being valuable throughout its whole life cycle. The proposed conceptual framework of circular business models can be used by Russian coal companies to design corporate strategies and long-term development plans.

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Section: Methodsmentioning

confidence: 99%

“…The global volume of coal consumption in 2021 will amounted to 8172.6 million tons. Many countries are not yet ready to abandon it in the long term [2].…”

Section: Introductionmentioning

confidence: 99%

Circular Economy Models in Industry: Developing a Conceptual Framework

2022

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Comparative Analysis of Project Management Software Products

Nikitina

Никитин

Elkina

2022

Proceedings of the International Scientific Conference “Smart Nations: Global Trends in the Digital Economy”

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Impact of Industry 4.0 on the economy and production

Mezina

Zozulya

et al. 2022

Vestnik universiteta

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The difficulties and problems faced by economic entities, countries and regions, in general, on the way to implementing the achievements and developments of Industry 4.0 have been designated in the article. Special attention has been paid to economic and production aspects, as well as changes in the relevant systems in the context of radical technological transformations. In particular, it has been established that markets are becoming oligopolistic, the role and importance of medium and small businesses is significantly increasing, the problems of social inequality and tension in connection with growing unemployment and the need for highly qualified personnel are becoming more acute. In addition, the features of competition for technologies, investments, sales markets, territories of productive forces location have been highlighted. Attention has also been focused on the main “revolutionary” trends in industrial development associated with the launch of the innovation and technological cycle initiated by “Industry 4.0”. Specific actions and measures have been identified to implement these trends into reality.

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Current Trends in the Development of the Coal Industry, Taking Into Account the Impact of the Pandemic

Cited by 4 publications

References 1 publication

Circular Economy Models in Industry: Developing a Conceptual Framework

Circular Economy Models in Industry: Developing a Conceptual Framework

Comparative Analysis of Project Management Software Products

Impact of Industry 4.0 on the economy and production

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