The mining industry is often associated with massive pits either excavated into the ground or underneath the surface, writes Andrew Berryman, President – Mining, Minerals and Metals Services, Worley.
Concern about the environmental impact of extracting minerals has existed for some time and shows no sign of abating. Despite big strides in technology, according to the World Bank, over 11% of global energy consumption comes from the mining, minerals and metals value chain. Changing this demands a serious rethink of the way minerals and metals are processed and mined.
But the challenges do not end there. The scrutiny on mining is as broad as it is concentrated, picking apart everything from corporate stewardship to the commodity mix. Shareholders are demanding better returns on less capital with a smaller environmental footprint.
The winds of change have hit mining, but blustery conditions are not always a bad thing.
April 10, 2020