This article was first published in Mining Magazine in December 2025.
What current trends are you seeing in the mining industry?
I’m seeing two super important trends take center stage. One is the current instability of trade and commercial terms. This results in project uncertainty as companies struggle to make the financing feasible under these conditions. However, it also drives certain minerals and metals like gold, for example, to new heights in terms of pricing. The other is the growing demand for energy transition minerals such as copper, lithium and rare earths. Those minerals are so needed, and we will not achieve a better world without them. The entire discussion around these minerals has now become widely spread in the public, which will help to drive the necessary steps forward. As this transition will take time, the pressure is increasing on mining companies to maximize their producing assets to bridge the gap between the future demand and current production rates.
Beyond these two trends, a few other factors are important. Here we should mention the labour shortage. We have new regions expanding their mining activities that need to rapidly scale up infrastructure, labour skills, knowledge, and competencies to keep pace. Finally, safety and sustainability are always important and here different regions are applying different strategies.
Where do you see the biggest opportunities for customers to improve?
Firstly, it’s the actual assets in operation — how do you use them and generate more from what you have? That’s a continuous journey, not something you try now and forget in a year or two.
Mine sites can also be quite cautious and conservative when it comes to adopting new technologies and offerings. Simply trying what is already out there can bring major efficiency and environmental benefits. Many solutions have already been developed, and once some sites begin to adopt them and see the benefits, others will follow. Our part in this as a global solution provider is to introduce our latest technologies to the customers and help to speed up their adoption.