Optimizing the economic performance of CMI technologies

Normal plot of standardized effects of glucose concentration (x1), pulp density (x2) and operation type (x3) on probability of profitability.
Normal plot of standardized effects of glucose concentration (x1), pulp density (x2) and operation type (x3) on probability of profitability.

CMI scientists at Idaho National Laboratory and Purdue University contributed to this research.

Achievement:

The paper “Applying Design of Experiments to Evaluate Market Opportunity for Bioleaching Rare-Earth Elements from Waste Materials” has been accepted for the CIRP Life Cycle Engineering Conference, May 2020.

Significance and Impact:

This is one of the first efforts to integrate Design of Experiment (DOE) methods and Techno-economic Assessment (TEA). The study reveals the tremendous potential for DOE to analyze the efficacy of value recovery processes and enhance performance. 

Next Steps:

  • We have applied the approach to a bioleaching process for REE recovery.
  • A DOE framework for evaluating annual profit is proposed.
Pareto chart of standardized effects on profits.
Pareto chart of standardized effects on profits.