Research Capabilities
Mineral economics and valuation have critical significance in processing and blending operations.  Our work in this area seeks utilize state-of-the-art valuation concepts, such as commodity micropricing, stochastic differential equations, and real options valuation, to develop techno-economic objective functions for processing operations.  In the case of micropricing, these mathematically-derived objective functions tend to lead to simple heuristics that can be easily implemented by plant personnel.

In addition to these advanced engineering concepts, our group also updates and maintains a production and trade data visualization site based on public commodity supply information provided by the USGS and the EIA.  Use this link to access the interactive visualizations.

Some sample visualizations include:
These are just a sample of the many possible visualizations.