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Rising share of renewable power driving miners towards near-term emissions targets
As well as reductions in emissions due to the shift to renewables, diesel displacement will play a significant part in emissions reductions.
Mining capital expenditure to rise by 12% across leading miners in 2023
In 2023, miners are expected to continue prioritising investment in critical minerals and decarbonisation efforts.
Collision avoidance systems a key focus for investment in the next two years
In the previous survey in 2020, only 36% of respondents had stated they were expecting to invest in the technology in the next two years.
Fuel and power costs rising most for miners, with 45% looking for other suppliers
Nearly 50% of respondents in a survey of more than 100 miners cited a fuel and power price increase of more than 30%.
Indonesia’s coal production to grow by 2.6% in 2022 amid strong demand from Europe
Indonesia’s coal production is expected to see growth in 2022, with the government aiming at increasing coal output to 663Mt.
India’s coal output to grow by 6.6% in 2022 backed by output from Coal India Ltd
The Indian Government has adopted several measures to boost the domestic supply of coal.
Global iron ore output to fall by 2% in 2022 amid declining output from China, Russia
In China, iron ore production is expected to decline by 6.9% to 247.6Mt.
US copper output to grow by 3% in 2022, backed by output from Freeport-McMoRan
Copper production from Freeport-McMoRan accounted for 53.8% of the country’s total production.
US coal output to remain flat for the next five years due to scheduled closures
The US coal mine production saw an increase in 2021 after disruptions and is expected to remain flat from 2022 to 2026.
Global copper output to grow by 2.9% in 2022, backed by output from Chile and Peru
Global copper production is expected to grow to 21.84Mt in 2022, with the transition to renewables boosting demand.