Comprehensive Method for Estimating the Time and Expenditures Required for Mine Liquidation Processes of Business Processes

Abstract

The European Green Deal (EU Green Deal) has set the direction for the EU’s energy transition towards climate neutrality by 2050. In Poland, this means moving away from the extraction and use of coal. The Social Contract for the Mining Industry signed in 2021 states the necessity of last mine closure by 2049. Mine closure is a complex, lengthy and costly process. A complex scientific solution may concern the use of rational operations and minimization of mine closure costs. This article presents a system for the elementary assessment of the potential time and cost of coal mine liquidation. Estimating coal mine closure costs in the early design phase is an key aspect of supporting the company dealing with mine closure. The aim of the research was to improve the tool for assessing mine liquidation price. The extended assessment solution proposed in the article is formed on base of statistics of past mining institution liquidation processes. This method can, with minor modifications, be used for each restructuring and revitalizing task for mining industries in the process of liquidation. At the core of the developed method is a preliminary data analysis, which should be confirmed by a complex and multi-criteria estimation of the costs of the planned mine liquidation.

Keywords

• cost management
• restructuring of mining companies
• liquidation of a mine
• decision-making
• multi-criteria analysis