LONDON--(BUSINESS WIRE)--A well-known market intelligence company, Infiniti Research, has announced the completion of their latest article on the major trends that will reshape the future of metals and mining sector. In this article, we have identified key drivers that will transform the future of companies in the metals and mining industry in the years to come.
The metals and mining sector is currently recovering from one of the most difficult periods that it has encountered in decades. Due to increasing market volatility and downturn in commodity prices, now cost cuts, automation, and improved operational efficiency have become the new normal for the survival of metals and mining companies. Despite several roadblocks, the metals and mining sector is expected to witness positive growth in the next couple of years owing to the increasing demand.
How can you integrate operations and facilities to achieve better performance from resource to market? Request a free proposal to know how our solutions can help!
Metals and mining industry overview: key trends to expect
Transition to low-carbon economy
To meet the current energy transition, the demand for most minerals are expected to increase. Furthermore, given the fact that low-emission energy and transportation systems are more mineral-intensive than their fossil fuel-based counterparts, the transition to energy-efficient options provides a great opportunity for the mining sector.
New financing and production models
Companies in the metals and mining sector are trying to limit risks. As a result, new financing and production models will become more common in the coming years. Financing solutions including royalty and metal stream agreements that are aimed at reducing the burden on the balance sheets of metals and mining companies will continue to gain momentum.
From energy and sustainability consulting to optimizing the life cycle of your assets, our services are designed to meet your business needs. Get in touch with our experts for more insights.
Geopolitical and economic risks
Metals and mining companies must gain a comprehensive understanding of the geopolitical and economic risks in their market. Factors such as resistance to globalization and free trade are creating a direct impact on the metals and mining sector. Furthermore, import restrictions on semi-finished products including steel and aluminum have been in the spotlight during the recent trade disputes.
Revamping employee base
Modern companies in the metals and mining sector can revamp their employee base by maintaining an open dialogue culture in their organization. Furthermore, due to constantly evolving technology and business models, companies in the metals and mining sector will be required to develop new skills to sustain. Retraining and transitioning programs should be planned by companies in the metals and mining industry to attract new talent.
Learn more about Infiniti’s solutions for business. Request for more information.
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us