Andrew Swart, Deloitte Touche Tohmatsu Limited, outlines 10 trends that may shape the global mining industry over the next 12 months.
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f 2020 set the stage for change in the mining industry, then 2021 cemented its necessity. The ongoing effects of the COVID-19 pandemic on the world of work, along with a continued drive towards digitisation, the growing need to integrate environmental, social, and governance (ESG) commitments with central business functions, as well as the requirement to pivot in response to fast-moving business and operating conditions, have shifted the boundaries that traditionally define how mining companies should look. Underpinning these drivers is the green energy transition. In November 2021, COP26, held in Glasgow, Scotland, reaffirmed the industry’s importance in supplying the metals central to a low-carbon future.
10 January/February 2022 // global mining review