Business case

Impact on the health and happiness of human populations

Well-being

Impact on the ease of innovation, and facilitating uptake of innovations

Innovation

Minimise waste through diversion: Instead of sending waste to landfill, it is redirected into other industrial processes for handling, treatment, recycling, recovery, or reuse in various forms. 

Minimise waste through design: At the outset of a process of project, plan and design such that there is zero waste or minimal waste during production, use, and at end of life. 

Minimise Waste (SDG12)

Producing building materials and providing services to create residential and non-residential infrastructure and real estate


Construction and Infrastructure

Providing various support services for businesses and governments, such as research, testing, certification and consulting services, cleaning and maintenance services, security and protection services, legal, accounting and bookkeeping services, information management, data processing, and business process outsourcing services

Research & Commercial Services

Extracting resources and minerals from the earth, such as coal, oil, gas, iron, bauxite, sand, clay, etc.

Mining

Use digital, online platforms and technologies that provide insights to track and optimise resource use, strengthen connections between supply chain actors, and enable the implementation of circular models



Incorporate digital technology

Utilise bio-based, reusable, non-toxic and non-critical materials

Regenerative materials

Regenerate strategies phase out hazardous or toxic materials and processes and substitute them with regenerative biomass resources. A circular economy aims to mimic natural cycles—by shifting to more regenerative farming practices, for example—while also maximising the share of circular biomass that enters the economy. Regeneration can happen both at the systems level (by designing regenerative processes) as well as at the product level (by switching synthetic to organic fertilisers, for example).

Regenerate

Impacts

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Industries

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The principles of a circular economy concern designing out waste, regenerating ecosystems and keeping items in use. Decoupling the economy from material flows—improving the rate of resource productivity faster than the economic growth rate—is also a consistent guide. By evolving with the growing number of applications of circular economy principles, and consolidating these strategies across thematic areas, Circle Economy’s Key Elements Framework (KE) renders the elements of the circular economy salient and serves as a basis to derive contextual strategies and interventions. 


The Framework consists of:
- Core Elements: Activities directly handling product or material flows; and uniquely,
- Enabling Elements: those that remove obstacles for core actors.


Key elements of the circular economy

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Circle Economy's framework of strategies and activities that define the circular economy

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Based on the work of [Bocken et al. (2016)](https://www.researchgate.net/publication/309699661_Product_design_and_business_model_strategies_for_a_circular_economy), the Four Flows Framework serves as a simple framework for managing resource flows in a circular economy by using less (Narrow), using for longer (Slow), using again (Cycle), and using clean, regenerative materials and energy (Regenerate).

These different principles of circular economy can be applied to our socioeconomic metabolism: we can design stocks like buildings, infrastructure, machinery, and vehicles to be rich resource mines for the future, and design manufactured goods and consumables to be cycled and made regenerative. Furthermore, the focus must also centre on getting more value out of fewer materials. Achieving the aims of a circular economy—minimising material use, regenerating the Earth, and preventing material losses—can be done through these four key strategies mentioned above.

Source: Circle Economy. (2023). *[The circularity gap report 2023](https://www.circularity-gap.world/2023)* (p.22). Amsterdam: Circle Economy. 

Four Flows Framework

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             The OpenDDS project is the leading Open Source DDS protocol, optimized for high performance, highly scalable Industrial Internet of Things (IIoT) and large-scale consumer IoT application environments that require real-time data communication exchange. This powerful technology is already well-proven as a vital component in mission-critical systems across industries, from smart transportation to healthcare to smart energy and mining. In this on-demand webinar, Plotlogic founder and CEO, Andrew Job, shares his experience using the OpenDDS project to help the Plotlogic team deliver highly accurate ore characteristics in real time, enabling greater recovery, reducing waste, and enhancing the geological model. If you are evaluating connectivity solutions, and you have a need for ...  Performance Efficiency and Scalability Advanced Security Open IoT Standards Quality of Service Scalable Discovery  ... then this case study is for you!          
 

Pilbara

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Plotlogic is a deep tech company founded in 2016 with the vision of applying AI and sensing technology to enable precision mining while reducing environmental impact and improving resource recovery. The company aims to revolutionize the mining industry by implementing “OreSense,” a Plotlogic product, worldwide. OreSense uses Hyperspectral Imaging technology combined with lidar and GPS to precisely characterize ore in place and in real time, unlocking a magnitude of efficiency optimization during the multiple phases of mining processes.

plotlogic

<p>The ability of iron ore producers to maintain a consistently high ore grade and consistent functioning of their ore processing facilities is critical in maintaining their competitive edge. Plotlogic’s OreSense system was able to accurately and with high precision map the ore and waste boundaries along with ore grade to inform both mine operators and planners to achieve this goal.&nbsp;</p>