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The cost of extracting the oil by heating the shale, however, far exceeds the cost of extracting equivalent quantities of crude oil, natural gas, or coal.
The high amount of magnesium mixed into the brine drives up the cost of extracting the lithium.
Eventually, they want the price of timber to rise to reflect the cost of extracting it from the wilderness.
Mining is an inherently dangerous business, and the cost of extracting a given material has often included human lives.
Yet the cost of extracting the stuff has risen, and more steeply in the past four years (see chart).
And some industry experts are not convinced that plants would be cheaper when the cost of extracting the drug from the plant is considered.
Again, you are unlikely to get this price, because the buyer must factor in his own profit margin and the cost of extracting the gold.
Increased productivity has cut the cost of extracting oil in half in the past two years, when compared to the price per barrel.
Economic feasibility of the mine depends on weighing the cost of extracting and refining the ore to how much of the ore is composed of the valuable element.
Similar(2)
The relatively high volume of water being pumped up adds considerably to the costs of extracting the oil.
For many years, interest in the oil sands spiked only when crude prices rose enough to justify the high costs of extracting the petroleum from the sand.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com