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Papua New Guinea mine tailings could be source of critical minerals, but economics pose hurdle
๐Ÿ‡ต๐Ÿ‡ฌ Papua New Guinea /Economy & Trade

Papua New Guinea mine tailings could be source of critical minerals, but economics pose hurdle

From Post-Courier · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Mine waste in Papua New Guinea could contain valuable copper, nickel, and battery metals, according to a US professor.
  • Commercial recovery faces significant challenges related to the scale of operations and economic viability.
  • Further research and economic analysis are needed to determine the feasibility of extracting these critical minerals.

Mining waste in Papua New Guinea, including tailings from sites like Lihir, may hold recoverable quantities of copper, nickel, and other battery metals considered critical by the United States. However, the commercial viability of extracting these resources is hampered by the scale of operations and associated costs, according to a US-based researcher.

Aaron Goodman, a geochemist at the Colorado School of Mines, explained that the initial step involves characterizing the waste to understand the quantity and form of the elements present. While some elements, like rare earths, can be difficult to extract due to their stable mineral forms, Goodman noted that copper, nickel, tellurium, and antimony are often found in more accessible phases. He expressed confidence that the waste rock in the region could indeed serve as a source of critical minerals, even offering to analyze PNG samples.

Not only how much is there, but what are the forms that itโ€™s in, what specific minerals is it held in?

โ€” Aaron GoodmanAaron Goodman, a geochemist at Colorado School of Mines, described the initial step in assessing mine waste for critical minerals.

The primary obstacle, Goodman stated, is economic feasibility. While laboratory methods can successfully recover metals on a small scale, the economics often do not align when considering large-scale industrial operations. To address this, the Colorado School of Mines employs experts in mineral economics and houses an Institute for Extractive Metallurgy dedicated to scaling up extraction technologies. The potential for recovering critical minerals from PNG's mine waste remains, but significant economic and logistical hurdles must be overcome.

often times the math doesnโ€™t work out

โ€” Aaron GoodmanAaron Goodman explained the economic challenges of recovering metals from mine waste at a commercial scale.
DistantNews Editorial

Originally published by Post-Courier in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.