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Author ORCID Identifier

Orphe Tshinkobo Bukasa: 0000-0002-4603-8528

Babaca Agyingi: 0009-0003-0888-7734

Xiangrui Meng: 0000-0001-8213-2979

Abstract

This research offers a novel approach to comparing green technologies’ economic profitability and environmental sustainability of their mineral extraction based upon econometric and life cycle assessment methodologies. Quantitative results show attractive results with an NPV of $2,014,001 and an IRR of 17%. In the third year, the project nets at $300,000, or 63%, at a 7% discount rate. However, soil protection remains challenging, but pollution coefficients are improved, as evidenced by environmental impact assessments (EIAs). The findings in the study further underscore how regulatory frameworks and market drivers dictate the use of green technology. The economic, environmental and regulatory costs of this comprehensive evaluation model are integrated, giving the four green technologies that are the subject of evaluation a position as viable solutions, provided by long-term data, strategic information management and effective governance for sustainable mineral resource extraction.

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

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