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Global zinc production to be impacted by scheduled closures and capacity shortage

Fresh Covid-19 restrictions, supply issues and a bleak economic outlook caused volatility in the zinc market for the majority of 2022.

New mines and expansions to boost global lithium output over the next decade

New mines and capacity expansions are forecast to boost global lithium production to 304kt in 2030.

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.