Analysis of Capital Budgeting Green Industry in Innovative and Sustainable Post-Mining Programs in Belitung Regency

Purpose: The main purpose of this article is to evaluate the feasibility re-mining project closure tin mine area which then processed into silica products according export specifications, simultaneous with process environmental management mining area. Theoretical framework: Determining capital budgeting project, financial indicators: Payback Period, NPV, Profitable Index, Internal Rate Return, and Return Investment, sensitivity Design/methodology/approach: A quantitative approach will be used analyze calculations build a green industry through refinery activities in good management, not only land rehabilitation vegetation restoration but post-mining activities, however synergized creating an innovative program. Findings: Based on results investment calculations, development was declared technically financially feasible re-mining, production silica, structuring ex-mining productive budget commitment that mutually agreed upon before activity carried out. Research, Practical & Social implications: location Belitung Province – Indonesia, still has potential for non-metallic mineral content, can re-mined refined commodities. found open even barren, though PT Timah Tbk out activities. Originality/value: In study refineries, analysis changes fuel costs selling prices also been calculated.