Forty-one percent of the mining CEOs polled in the PwC’s 26th Annual Global CEO Survey don’t think their companies will be economically viable in 10 years if they continue on their current path. “Miners can no longer depend on yesterday’s portfolios and practices to create value in this newly dynamic and fiercely competitive landscape,” PwC said in its report — Mine 2023: The era of reinvention.
Given ongoing geopolitical uncertainty, the rapid shift to clean-energy technologies and the importance of these to national security and economic stability, governments around the world have taken swift action to secure critical mineral supply. These minerals play an important role in clean energy transition technologies, such as batteries, electric vehicles, solar and wind generation, and also in national defence, technologies and weaponry.
