Our blog articles cover important strategy and innovation insights from our global reports. Click below to better understand trends across the mining and resources sectors.
Conservatism with respect to production-based technology adoption has been a hallmark of mining companies for a long-time. In an industry inherently exposed to high levels of human safety risk, environmental risk and market risk, adding the seemingly discretionary risk of technology had long been considered cavalier.
Cybersecurity is different from other strategic risks in one important dimension – adversaries are dynamic and incentivised to adapt. Adaptation at this rate is not the case for other major risks like safety and environmental risks.
Mining industry business models have been relatively stable over the last two decades, through a period in which most other industries have undergone significant transformation.
Heightened social pressure and a need for economically efficient mining practices will see Australia’s mining industry shift towards a future of automation, electrification and the ultimate goal of zero emissions on site.
Resource security is a global geopolitical game that has been played for centuries. Some play to primarily make money through exports (such as Australia, Canada, Chile, or South Africa) while some play primarily for national security (such as China, the US, India, or Japan).
All of mining’s recent investments in renewable energy and electrification will count for little if it does not confront its methane problem.
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