Accenture Releases 2020 Mining Outlook

Abstract Accenture recently released the 2020 Mining Outlook. Rachel Batters, president of the company's mining industry, said that in 2020, the global mining industry will face five major challenges: First, on a global scale, the competition and competition around mineral resources will be more...

Accenture recently released the 2020 Mining Outlook. Rachel Batters, president of the company's mining industry, said that in 2020, the global mining industry will face five major challenges: First, global competition, competition for mineral resources is becoming more and more fierce; second, the cost of mining companies Increasingly, including mining costs and human resource costs; third, in the mining sector, attracting and retaining talents is becoming more and more challenging; fourth, environmental pressures are increasing; and fifth, the rapid market fluctuations Risks, there is less and less possibility of a long-term agreement between the supply and demand sides.

In response to the above risks and challenges, Rachel Batters has provided mining companies with six strategies for success: establishing a global, flexible operating model; becoming a preferred mining resource developer in the host country; and increasing capital use Efficiency; build yourself into the best employer; pursue operational excellence; turn to the virtual mining value chain.

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