Mining chemicals include chemicals
which are used in various mining processes such as blasting, minerals
processing, dust control and water treatment for extraction minerals and other
metals. Mining chemicals form a crucial part of extraction and are fundamental
to optimum recovery of the mineral. Some of the chemicals used in the flotation
process are alkyl aryl oxime, petroleum distillate, sulfosuccinate surfactant,
alkyl xanthate salt and alcohol/hydrocarbon blend among others. Ammonium
nitrate fuel oil (ANFO) is widely used as an explosive in mining.
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Minerals such as copper, clay and
iron are mainly used in construction and manufacturing. With rapid
industrialization in regions such as China, India and Brazil, there is an
increasing demand of these essential minerals. This in turn drives the demand
for mining chemicals. In addition, certain minerals like phosphate and potash
are used in fertilizers and animal feed for increasing output. Also,
technological advancement has led to the use of metals like gold, selenium and
palladium in SIM cards and CPU’s.
Logistics play an important role in
determining the prices of mining chemicals. Mines are located in remote areas
of regions. Hence the transportation cost is a major factor of the mining
companies. In addition, certain chemicals like xanthane are highly unstable and
this property restricts their transportation on regular cargo ships. The above
mentioned factors play a key role in deciding the prices for mining chemicals.
In addition, mining activity has become a major challenge due to hindrances in
accessibility of remote mines.
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