New approach to leadership key to navigating 2025 mining industry challenges, report says
A new approach to leadership in the mining and metals sector will be key to navigating challenges, such as volatile supply chains and potential metal shortages, this year, with organisations that focus on innovation and flexibility more likely to win the day.
This is the key takeaway from the seventeenth edition of professional services firm Deloitte’s ‘Tracking the Trends’ global report, which explores the key trends and issues facing mining and metals companies in the year ahead.
“We are very much in a period of transformation and change. Miners must embrace digital innovation and sustainable practices, whether environmental or cultural, to ensure the industry continues to evolve and create a better future,” Deloitte Australia mining and metals leader Nicki Ivory says.
“Success in 2025 will be driven by how smart we are in every aspect of operations—smart in how we use technology, smart in developing teams, smart in crafting environmental, social and governance (ESG) strategies, and smart in business practices. It's this intelligence across all fronts that will lead to optimal decisions being made.”
She added that, as AI became increasingly integrated into mining, it would transform exploration and operations.
“By merging geoscience data, accelerating target identification, and enhancing safety through predictive analytics, it will reduce costs and improve timelines. AI will also enhance sustainability reporting with accurate data, helping track and improve environmental performance, ensuring accountability to sustainability goals.
"Through embracing this change, we can shape a resilient, efficient and sustainable future for the mining industry, driving long-term success and positive global impact,” Ivory explained.
TOP TEN MINING INDUSTRY TRENDS FOR 2025
According to the report, the top ten mining trends for 2025 can be defined as:
1. Leading in a new era of mining and metals:
Embracing inclusive leadership and diverse perspectives fosters innovation and enhances problem-solving, essential for adapting to rapid ESG changes. Adopting new technologies, improving workforce safety and maintaining adaptability are critical for sustainable growth in this evolving landscape.
2. Shaping critical mineral supply chains:
Balancing growth opportunities with supply chain risks requires clear initiatives, strategic planning, forming strong partnerships, ensuring ethical sourcing, security and stability to meet market demands and operational challenges.
3. Driving growth and resilience:
Active portfolio management and strong senior leadership commitment are essential for adapting to market changes. Consistently reallocating resources to high-potential projects helps align with long-term goals and strengthens resilience against economic volatility and external pressures.
4. Enhancing mineral exploration with AI:
To combat potential metal shortages, integrating geoscience data and AI can improve efficiency in mineral exploration by accelerating target identification, reducing costs, and enhancing project timelines.
5. Transforming the digital core:
Upgrading enterprise resource planning platforms to next-generation software enhances data integration, real-time analytics and process automation.
Implementing this at the right time can help maximise return on investment, leverage organisational synergies and position companies for future growth by creating a clean digital core and building reusable cloud assets.
6. Smart operations in mining and metals:
Combining advanced technology, comprehensive data analysis and human expertise with digital tools like AI will optimise processes, boost productivity and address decarbonisation challenges to drive efficiency.
7. The impact of generative AI (genAI) on the mining and metals workforce:
Reskilling and upskilling the workforce to effectively leverage genAI can reduce operational costs, improve safety with predictive analytics and strengthen recruitment strategies, ensuring companies are well-prepared for future technological challenges.
8. Scaling progress toward net zero:
Achieving net-zero emissions involves addressing energy security, technological maturity, financing, innovative business models and talent acquisition. A strategic, holistic approach is necessary to navigate these complexities successfully.
9. Making ESG strategies more value-led:
Focusing on generating tangible value rather than merely meeting metrics is key to integrating ESG principles into business strategies. This leads to benefits such as sustainable energy solutions, community investments and enhanced diversity and inclusion.
10. Generating a natural competitive advantage:
Leading the transition to a nature-positive economy requires exploring natural capital accounting and implementing nature-based solutions. This necessitates strategic restructuring, dedicated funding and visionary leadership to mitigate environmental risks and gain a competitive edge in a sustainability-focused market.
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