Climate related risks – environmental risks and regulations – have become the new number one concern, and another ESG-related risk – social license to operate – is in third position.

A net-zero world is dependent upon renewable energies to replace traditional power sources.

When mining executives responded to the 2020 Global Outlook Survey. Twelve months later, unprecedented disruption has swept the world – and the mining industry.

The bushfires that raged through Australia in early 2020 have helped push climate change and natural disasters to the top of the list of key concerns of mining executives in Australia.

Today, Australia mining is currently the beneficiary of a ‘mini boom’ – driven by strong prices for key commodities and increasing investment.

Decarbonisation and advanced intelligent technologies are global trends affecting miners around the world, and this is triggering multiple and often accelerating challenges.

The optimisation of assets and a focus on debt reduction are the two key strategies for securing a positive future for Australian mining in 2019