Industry Outlook

The mining industry is by nature turbulent but mining players are ever more accustomed to the ups and downs and even thrive on market uncertainty. Metal prices saw a rollercoaster ride in 2016, influenced by macro factors like the US elections, Brexit and the Chinese markets. Now on a stable footing, prices are expected to continue their recovery through 2017, which will in turn herald prosperity for operators and subsequently for suppliers. But the outlook has changed and with the downturn having forced companies to optimize practices, the new industry is sure to be stronger, more efficient and more prosperous than ever before.

This chapter will focus on the future of the industry, including predictions from key players across the value chain that will forecast the new challenges and opportunities that will be faced in the coming years. This chapter takes a forward-looking approach, allowing readers the most relevant insights that will set expectations of the new market.