ASTM Standard covers calculation of resource depletion potential.
Press Release Summary:
June 7, 2012 - Developed by Subcommittee E60.80 on General Sustainability Standards, proposed ASTM WK31671 describes method for calculating length of time that non-fuel mineral commodity can be extracted from reserves and resources, for purposes of environmental product declarations and life cycle analyses. Anyone preparing EPD or LCA will be able to use standard to examine total amount of reserves and resources, amount extracted annually, amount annually recycled, and amount annually displaced by substitutes.
Original Press Release
Calculation of Resource Depletion Potential Described in Proposed New ASTM Sustainability Standard
Press release date: June 4, 2012
"ASTM WK31671 will be used for a technically accurate assessment of the length of time that extraction will occur from a mineral commodity resource before depletion when recycling and substitutes are taken into account," says Harold Taylor, president, Basic Mines and chair of the E60.80 task group that is developing the proposed standard.
Anyone preparing an EPD or LCA will be able to use the proposed standard, once approved, to examine the following factors, applicable to a mineral commodity, which can affect the life of its world resource: o Total amount of reserves and resources;
o Amount extracted annually;
o Amount annually recycled; and
o Amount annually displaced by substitutes.
Taylor notes that interested participants, particularly those who deal with iron and steel, aluminum, copper, zinc, fertilizers, ceramics and other mineral commodities are encouraged to join the task group currently developing ASTM WK31671.
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ASTM Committee E60 Next Meeting: Oct. 23-25, 2012, October committee week, Atlanta, Ga.
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