Working capital, based on 2 months of operating costs, was included in the capital cost of each mine and mill model. Working capital covers the cost of meeting operating costs in the initial stages of production, before revenue is generated from the first shipments of product (concentrates or dote). This value can vary from. 2 to 6 months.
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Vertical roller mills have 1020% higher capital costs when compared to ball mills (Schneider, 2008). In 2003, Ciment Québec in Canada increased capacity by 50 mtph and improved raw meal fineness by replacing an old vertical roller mill with a new one (Papillon et al., 2004). The investment cost for a .
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Thus, in a given grinding circuit, for a certain feed rate, a pebble mill would be much larger than a ball mill, with correspondingly a higher capital cost. However, the increase in capital cost is justified economically by a reduction in operating cost attributed to the elimination of steel grinding media.
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