Mining and Metals

The mining and metals industry is adjusting to a new reality of “massive excess capacity.” Global demand is sluggish, prices have slumped, the workforce lacks needed skills, and customers are adding new pressures. Moreover, nationalist policies are reshaping access to resources, and trade wars are disrupting value chains. Getting to minerals – especially high-quality minerals – has grown challenging. Alongside these forces, digitalization is rapidly transforming the industry. Through the 2020s, many tasks will become automated. Sensors, robots and 3D printing will factor prominently, and the industry will need to buffer significant job loss – about...