The mining industry has changed significantly since the first edition of this whitepaper was released in 2021, with issues such as falling commodity prices, rising costs, and declining ore grades putting pressure on productivity.
Despite these challenges, electrification is gaining ground – improving speed, safety, efficiency, and sustainability in mines around the world. Now a proven way of boosting performance, many see electrification as essential. In 2024, more than half of mining leaders globally expect to transform over the next 5 years, and 68% are planning to electrify at least 25% of their haulage fleet by 2026.
In fact, an impressive 76% believe vehicle electrification as having the biggest potential benefit to increase efficiency and sustainability in mining operations and 91% of those surveyed consider electrification essential to, or part of, their decarbonisation strategy.
Building the all-electric mine explores the latest developments in mine electrification, shedding light on how small steps can make a big difference.