<p>The development of mineral products in countries with rich mines and mineral materials is considered one of the key factors in economic growth. In the meantime, Iran, due to having the world’s richest mineral mines, can have the most focus among the managers of the country’s mining industries. For the purpose of practical development, the evaluation of innovative mineral products can be considered a good start for optimal investment. This research was conducted based on the importance of developing mineral products and preventing the sale of raw minerals in Hamedan Province. Further investigation revealed that no evaluation model had been developed to evaluate mineral products.&#xa0;This paper aims to evaluate and rank of mineral products with high potential using combined approach of Confirmatory Factor Analysis (CFA); Step-wise Weight Assessment Ratio Analysis (SWARA) and A New Additive Ratio Assessment (ARAS) in Hamedan province of Iran.&#xa0;With an in-depth study of Porter’s value chain structure in mining industries, seven key criteria were extracted based on the activities of the value chain and were presented as a preliminary conceptual model of the criteria in value chain the mineral industries. Further, in order to identify the final criteria affecting the evaluation of mineral products, the opinions of 75 mining industry experts were used, and the final analysis of the criteria was done using the CFA approach through Smart-PLS software.&#xa0;The results showed that six criteria were finally approved by the experts, and the criterion of “After-sales service and return and recirculation” was removed due to less importance. Then, using the SWARA technique, the six identified criteria were evaluated and the weight of the criteria and their rank were determined. The output showed that the second key factor i.e. “Appropriate infrastructure for mining companies and mining industries” has the most weight (0.1935) as the most important factor, the fourth key factor i.e. “Using the latest and advanced technology in the extraction of minerals or in the transformation, processing and production of mineral products” with weight 0.1861 in second priority and the third key factor i.e. “Using effective human resources in mining companies and industries” with weight 0.1836 is ranked third. Finally, the sixth key factor, “Attractiveness of materials and products and suitable sales in the target market” with the lowest weight (0.1679), was identified as the least important factor. In the end, using the ARAS technique and based on the weight of the criteria, the mineral products extracted from the opinions of the experts in the interviews were evaluated and the final ranking of them and industries was determined. The ranking showed that the products of “Silica processing factory (Ferro-silicon)”, “Feldspar processing factory” and “Magnesium extraction factory” were placed in the first to third priorities to suggest to investors for investment. The proposed approach of this research provides a valuable conceptual framework to mineral industry managers of Hamedan province, other provinces in Iran and other mining industries in developing and developed countries to improve the status the industries.</p>

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Designing a hybrid model for evaluation of innovative mineral products

  • Mehdi Ajalli,
  • Mohammad Mehdi Mohebi

摘要

The development of mineral products in countries with rich mines and mineral materials is considered one of the key factors in economic growth. In the meantime, Iran, due to having the world’s richest mineral mines, can have the most focus among the managers of the country’s mining industries. For the purpose of practical development, the evaluation of innovative mineral products can be considered a good start for optimal investment. This research was conducted based on the importance of developing mineral products and preventing the sale of raw minerals in Hamedan Province. Further investigation revealed that no evaluation model had been developed to evaluate mineral products. This paper aims to evaluate and rank of mineral products with high potential using combined approach of Confirmatory Factor Analysis (CFA); Step-wise Weight Assessment Ratio Analysis (SWARA) and A New Additive Ratio Assessment (ARAS) in Hamedan province of Iran. With an in-depth study of Porter’s value chain structure in mining industries, seven key criteria were extracted based on the activities of the value chain and were presented as a preliminary conceptual model of the criteria in value chain the mineral industries. Further, in order to identify the final criteria affecting the evaluation of mineral products, the opinions of 75 mining industry experts were used, and the final analysis of the criteria was done using the CFA approach through Smart-PLS software. The results showed that six criteria were finally approved by the experts, and the criterion of “After-sales service and return and recirculation” was removed due to less importance. Then, using the SWARA technique, the six identified criteria were evaluated and the weight of the criteria and their rank were determined. The output showed that the second key factor i.e. “Appropriate infrastructure for mining companies and mining industries” has the most weight (0.1935) as the most important factor, the fourth key factor i.e. “Using the latest and advanced technology in the extraction of minerals or in the transformation, processing and production of mineral products” with weight 0.1861 in second priority and the third key factor i.e. “Using effective human resources in mining companies and industries” with weight 0.1836 is ranked third. Finally, the sixth key factor, “Attractiveness of materials and products and suitable sales in the target market” with the lowest weight (0.1679), was identified as the least important factor. In the end, using the ARAS technique and based on the weight of the criteria, the mineral products extracted from the opinions of the experts in the interviews were evaluated and the final ranking of them and industries was determined. The ranking showed that the products of “Silica processing factory (Ferro-silicon)”, “Feldspar processing factory” and “Magnesium extraction factory” were placed in the first to third priorities to suggest to investors for investment. The proposed approach of this research provides a valuable conceptual framework to mineral industry managers of Hamedan province, other provinces in Iran and other mining industries in developing and developed countries to improve the status the industries.