Identifying the financial and economic advantages of integrated use of mineral raw materials at the enterprise

Authors

DOI:

https://doi.org/10.15587/1729-4061.2025.325419

Keywords:

financial and economic advantages, integrated use of mineral raw materials, resource conservation, diversification, mining industry

Abstract

The object of the study is financial and economic indicators of the integrated use of mineral raw materials at the enterprise. The problem of economic substantiation of the feasibility of integrated use of mineral raw materials at the microeconomic level, which is urgent for the creation of a green economy, has been solved.

The analysis demonstrates high financial and economic efficiency of the proposed solution. The average 10-year OIBDA to revenue ratio is 55.0 %, net profit to revenue ratio is 30 % and IRR is 23.79 %, which ensures high sustainability of the project in terms of operating activities and allows its financing at the expense of revenue. Although the project requires substantial investments, it is characterized by a relatively quick payback period: 5 years and 8 months at a WACC rate of 15 %. This indicates that the project is sufficiently attractive for investors. The implementation of the project reduces CO2 emissions by 49,481 tons and waste by 15,834 tons in 10 years, and saves energy by 885,135 kWh, ensuring green economy priorities.

The method of discounted cash flows was used to analyze the economic efficiency of the project implementation.

The peculiarities of the obtained results are that a financial model was developed for the assessment, the advantage of which is the accounting of all major cash flows of the project, which ensures the interests of the enterprise.

The results of the study can be used in making managerial decisions to rationalize the use of raw materials at enterprises, as well as by government agencies for green economy programs

Author Biographies

Tana Abylaikhanova, Sarsen Amanzholov East Kazakhstan University

Senior Lecturer

Department of Economics, Management and Finance

Zhadyra Kinasheva, Kazakh National Conservatory

Candidate of Economic Sciences, Associate Professor

Department of Art Management

Aliya Dossanova, Zhangir Khan University

Master of Economic Sciences, Senior Lecturer

Institute of Economics, Information Technology and Professional Education

Mainur Ordabayeva, Sarsen Amanzholov East Kazakhstan University

PhD Doctor, Associate Professor

Department of Economics, Management and Finance

Yerzhan Domalatov, Sarsen Amanzholov East Kazakhstan University

Master of Economic Sciences, PhD Candidate, Senior Lecturer

Department of Economics, Management and Finance

Raikhan Mugauina, S.Seifullin Kazakh Agrotechnical Research University

Candidate of Economic Sciences

Department of Economics

Assel Apysheva, Sarsen Amanzholov East Kazakhstan University

Candidate of Economic Sciences, Associate Professor

Department of Economics, Management and Finance

Gulnafiz Bekbussinova, Turan-Astana University (TAU)

Candidate of EconomicSciences

Department of Economics

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Identifying the financial and economic advantages of integrated use of mineral raw materials at the enterprise

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Published

2025-04-22

How to Cite

Abylaikhanova, T., Kinasheva, Z., Dossanova, A., Ordabayeva, M., Domalatov, Y., Mugauina, R., Apysheva, A., & Bekbussinova, G. (2025). Identifying the financial and economic advantages of integrated use of mineral raw materials at the enterprise. Eastern-European Journal of Enterprise Technologies, 2(13 (134), 82–90. https://doi.org/10.15587/1729-4061.2025.325419

Issue

Vol. 2 No. 13 (134) (2025): Transfer of technologies: industry, energy, nanotechnology

Section

Transfer of technologies: industry, energy, nanotechnology

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Copyright (c) 2025 Tana Abylaikhanova, Zhadyra Kinasheva, Aliya Dossanova, Mainur Ordabayeva, Yerzhan Domalatov, Raikhan Mugauina, Assel Apysheva, Gulnafiz Bekbussinova

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