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Methodical approaches to economic modeling of the common minerals effective transport range

Annotation

Realizing of the potential and expanding the raw material base of common minerals is one of the important factors of the regional industries' sustainable development. Insufficient study of the transport factors impact on the commercial efficiency of the new mining projects leads to distortion of the results. It does not allow assessing the feasibility of such projects. The paper presents the economic-mathematical model that allows assessing the effective range of common minerals transportation based on technical and economic criteria.

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