As the mining industry gathers in #CapeTown for #MiningIndaba, my colleagues Thomas Vogt, Duncan Melville, CFA, Elton Parker, Brian O'Malley and Peter Clearkin have published a great paper around unlocking growth for mining players.
Key messages:
1) Miners have an unparalleled opportunity to supercharge their growth—but to capitalize on this potential, they must invest in new practices and ways of thinking.
2) Demand for green minerals is expected to create hundreds of billions in new value during the next several years, with some estimates projecting that green-metal purchases could reach $10 trillion by 2050.
3) But years of underinvestment leave most miners with expensive choices to make. To reap the benefits of the clean-energy market, most will need to expand production output by several times today’s levels.
4) The right investments can be transformative and help miners secure lucrative, long-term growth, though determining what those bets are will require a different type of planning than most miners are accustomed to.
5) The future is bright, but to avail themselves of it, mining organizations need to fundamentally change how they approach strategic planning.
Unlocking unprecedented growth in the mining industry!
Green minerals' demand could create a $10 trillion market by 2050. To seize this opportunity, miners must embrace new practices and thinking. Years of underinvestment demand strategic choices. Expanding production is the key to reaping benefits in the clean-energy market.
Discover transformative investments for long-term growth in our latest article - https://lnkd.in/gR9ZntaR
The time is now to change how you approach strategic planning.
#MiningGrowth #GreenMinerals #StrategicPlanning
Thank you to our authors for their contributions! Thomas Vogt, Duncan Melville, CFA, Elton Parker, Brian O'Malley, and Peter Clearkin
Mining Companies That Plan for Uncertainty Can Profit from It
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CEO at DustAct Eltura Group | Making Mining Sustainable
2moInvesting in these resources now seems like a smart move for those looking to be part of the green revolution.