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Value-in-use natural capital pricing
Make the value of natural capital visible, and the better decision becomes the obvious one.

Water, tailings, land, and carbon are depleted by default, because their value is invisible in the operating decision. B² prices what an unvalued input is actually worth at your site, then finds the handful of projects that create the most value by tracking the conversion from natural capital to economic wealth. Put as a number a decision-maker can act on, natural capital becomes a lever, not a line item.

Your first two hours are free. We would rather earn a long relationship than nickel and dime you for simple advice.

PROOF, FROM THE RESEARCH
178m NPV

Present value of an optimized thickener at a Chilean copper mine. NPV $178M. The extra recovered water is effectively free.

8951 

Tonnes of carbon savings enabled per tonne of copper deployed into solar PV. 

100×+

The capital efficiency of an optimized thickener versus desalination, for the very same cubic metre of water.

45×

A tonne of carbon creates about 45 times more value in copper than in beef. From our open Carbon Value Index.

Every mining company has a CFO. None have a Chief Natural Capital Officer. That is a design flaw.

Some of the most valuable water in the world, tailings capacity that caps production, and unfunded liabilities that are not valued. When gated natural capital value is invisible in the decision, it gets depleted inefficiently by default. We make it visible and site-specific, so the rational choice and the better choice can get closer, or at least the gap is understood.

WHAT WE DO
Four scopes, one framework.

We value solutions rather than costing problems. We start from your financial reality, overlay the natural capital that actually binds the system, then prove the value of the projects that can deliver a double bottom line. Nine times out of ten we are not inventing new solutions; we bridge finance and natural capital to justify the ones you already have.

Scope 01
Single system or subsystem

One unit or process, valued end to end. Dust control, a thickener, a flotation circuit. We can also take on a whole tailings subsystem, thickener to TSF, or a pit-to-crusher optimization.

Scope 02
The full mine site

Natural capital across every silo on the site, and where we can add the most value. The best moves often cross boundaries: many tailings solutions actually start at the hydro-cyclone on the mill.

Scope 03
Corporate

Natural capital across the whole company. We start with what you produce, then map the gated capital that goes into each product, which points to the sites worth focusing on and the subsystems worth optimizing.

Scope 04
Governments, regions & stakeholders

Natural capital is a global issue. We advise governments, industry bodies and other stakeholders on how to see what they hold and maximize the value created per unit depleted. This tends to be bespoke work.

CARBON VALUE - OPEN DATA
The Carbon Privilege Value Index. Open, free, updated quarterly.

Every published carbon metric measures the cost of an emission. We measure the value each tonne of carbon creates, and give it away.

$2,891

Value the world creates per tonne of COâ‚‚ (market GDP). The benchmark every commodity and country is measured against.

+250%

How much a $250/tonne carbon price would lift the price of sugar. Staples reprice hardest: the double poverty tax.

2008–now

Copper versus solar carbon privilege over time. The flagship series on how geography and the transition change the picture.

See how we work, free.

Through our work with Tusk, we can build a single tailings thickener model at no cost. It is the easiest way to see the method before you commit to anything.

BLOG
Published fact, not a hot take.

Every argument traces to peer-reviewed work, and a new, research-backed piece goes up each month on the economics the industry does not measure.

WATER
The thickener that paid for itself in eight days

A $350K box of process kit at a Chilean copper mine, an NPV of $178M, and recovered water at negative marginal cost. Here is the full stack.

TAILINGS
We read 50 mining reports. One disclosed what its tailings dam costs.

The biggest number on a dam is the one nobody writes down. Why the standard still does not ask, and what a per-dry-tonne metric fixes.

CARBON
A carbon tax would make mining a net winner. Coal excepted.

Most metals add under 30% to price under a global carbon tax. Steaming coal would be taxed over 150%. Miners are lobbying against their own P&L.

ABOUT
The brain is the product.

I am Benjamin Cox, a finance-trained outsider who went to the OEM equipment side to learn the water problem from the inside, and built a value-in-use method that makes natural capital value visible.

B² Natural Capital

value-in-use natural capital pricing

OPEN
CPV Index

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The papers

B² Natural Capital  ·  Parker, Colorado USA  ·  Privacy Policy

Case-study and index figures shown here are early-stage and use vendor and author assumptions. We own the assumptions and claim only as far as the data goes.

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