Circular Economy Models in Industry: Developing a Conceptual Framework

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