Asia's mining industry faces a dual challenge. How does it continue to provide jobs, generate revenue, and supply critical minerals, while also meeting its environmental and social responsibility?
For our recent report, we surveyed 45 Asian mining executives to uncover the key trends and actions needed for a sustainable future, as well as how technology can enable transformation. With major shifts expected by 2030, the time for action is now.
A forward-looking industry
Our research revealed that the mining industry in Asia is primed for change. 60% of our respondents said they anticipate major operational shifts by 2030, a higher number than the global average (53%) and outpacing regions like Australia (50%), Europe (56%), and North America (54%).
It seems Asian mining companies are also setting ambitious sustainability goals, from cutting greenhouse gas emissions to improving energy efficiency. Many are already implementing innovative technologies such as electrified mining equipment, renewable energy integration, and more efficient mineral processing techniques.
For example, 73% of our Asia respondents said they're confident they will meet their 2030 sustainability targets, surpassing the global average of 67%. Looking ahead to 2050, 80% express optimism, compared to 78% globally. And only 4% have doubts about long-term sustainability progress – half the global average of 8%.
These figures reveal more than a sense of positive optimism; they reflect a firm belief that Asia’s mining sector can drive meaningful, lasting change.
Step by step
The path to decarbonization is a marathon, not a sprint. Now, the industry seems to recognize sustainable transformation requires careful planning and steady progress – with many Asian mining companies (42%) taking an incremental approach, focusing on individual assets and processes before scaling up ESG initiatives. This allows companies to test new technologies, minimize disruption, and ensure long-term success.
One Southeast Asian mining company has adopted an incremental approach, kicking off a study to implement an e-mine strategy at its plant. By using digital tools, digital systems, automation, renewable energy solutions, and electrification, the company hopes to reduce its environmental impact, cut down on energy use, and make its mining operations more efficient.
This ambitious project in Southeast Asia isn’t just about using the latest technology. Instead, it’s a real commitment to setting a new standard for sustainable mining in the region.
Collaboration is the key to success
When it comes to complex challenges like decarbonization, companies need to embrace a spirit of collaboration.
Fortunately, our industry leaders acknowledge this reality. 66% of our respondents in Asia said that appointing an expert integrator or key technical supplier is crucial for managing multiple stakeholders and successfully implementing new mining technologies.
This stat highlights a growing recognition that partnerships are essential, not just for technological change but for achieving shared sustainability and decarbonization goals. Rather than tackling challenges alone, Asian mining companies are embracing collaboration and using it as a strategic advantage in their journey toward a sustainable future.
Asia’s mining industry is not only changing but it’s doing so with optimism and clear direction. Transformation is clearly already underway and if you are part of it – now is the time to act.
Mining’s moment is here
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