Digitalizing the Circular Economy: Circular Economy Engineering Defined by the Metallurgical Internet of Things


Digitalizing the Circular Economy: Circular Economy Engineering Defined by the Metallurgical Internet of Things

Reuter, M. A.

Abstract

Metallurgy is a key enabler of a circular economy (CE), its digitalization the metallurgical Internet of Things (m-IoT). In short: Metallurgy is at the heart of a CE, as metals all have strong intrinsic recycling potentials. Process metallurgy, as a key enabler for a CE, will help much to deliver its goals. The first-principles models of process engineering help quantify the resource efficiency (RE) of the CE system, connecting all stakeholders via digitalization. This provides well-argued and first-principles environmental information to empower a tax paying consumer society, policy, legislators, and environmentalists. It provides the details of capital expenditure and operational expenditure estimates. Through this path, the opportunities and limits of a CE, recycling, and its technology can be estimated. The true boundaries of sustainability can be determined in addition to the techno-economic evaluation of RE. The integration of me tallurgical reactor technology and systems digitally, not only on one site but linking different sites globally via hardware, is the basis for describing CE systems as dynamic feedback control loops, i.e., the m-IoT.

Keywords: digitalization the metallurgical Internet of Things (m-IoT)

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