Circular Transformation Models of the Extractive Industry for Ensuring Sustainable Community Development

Authors

DOI:

https://doi.org/10.58423/2786-6742/2026-13-63-78

Keywords:

circular economy, sustainable development, local communities, industrial waste, rare earth elements, titanium industry, recycled resources, resource efficiency

Abstract

The article is devoted to justifying the circular economy as a mechanism for ensuring the sustainable development of local communities in the context of the transformation of the extractive industry, particularly Ukraine’s titanium industry. The relevance of the study is determined by the need to rethink the traditional linear model of mineral resource use, which is associated with substantial waste generation, environmental pressure on the areas where enterprises operate, and an insufficient level of resource reintegration into economic circulation. It is argued that significant volumes of industrial waste from mining and processing plants (tailings ponds, processing dumps) provide a hidden resource potential containing valuable and critically important minerals. It has been established that the accumulation of technologically generated waste simultaneously poses environmental risks to local communities and opens opportunities for the formation of an internal resource base and the development of the local economy. The article proves that the implementation of circular models in the extractive industry, specifically, the resource-based renewal of technogenic resources, the development of industrial symbiosis, closed material and water cycles, ecological reclamation, and innovative processing technologies, ensures the transition to a more sustainable model of territorial development. It is shown that the circular transformation of the extractive industry reduces dependence on primary resources, increases resource efficiency, generates value added at the community level, and strengthens their economic resilience. It is substantiated that the effective implementation of the circular economy in the field of subsoil use requires the integration of technological, institutional, environmental, and managerial solutions, as well as the active involvement of local self-government bodies, enterprises, research institutions, and investors. The results of the study confirm that the complex use of technogenic waste as a secondary resource is an important factor in the sustainable development of local communities in Ukraine, especially in the context of current economic and security challenges.

Author Biographies

Vitalii Venger , Institute for Economics and Forecasting of the National Academy of Sciences of Ukraine

Doctor of Science in Economics, Professor

Olena Ganzha , Institute of Geological Sciences of NAS of Ukraine

PhD Of Geological Sciences, Senior Researcher

Nataliia Romanovska, Institute for Economics and Forecasting of the National Academy of Sciences of Ukraine

Candidate of Economic Sciences, Associate Professor

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Published

2026-05-29

How to Cite

Venger , V., Ganzha , O., & Romanovska, N. (2026). Circular Transformation Models of the Extractive Industry for Ensuring Sustainable Community Development . Acta Academiae Beregsasiensis. Economics, 1(13), 63–78. https://doi.org/10.58423/2786-6742/2026-13-63-78