The mining industry enters its most important decade

Photo by Shane McLendon on Unsplash
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The international mining industry is facing arguably “its most important decade” as the world starts the transition from fossil fuels to renewable energy, the CEO of the International Council on Mining and Metals (ICMM), Rohitesh Dhawan, said in an interview as part of the Future Minerals Summit conversation series last week.

Dhawan emphasized that mining will be at the very center of this transition because of the burgeoning demand for metals used in solar and wind power, and in the batteries needed to drive electric vehicles.

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On the back of his confirmed participation at the Future Minerals Summit in Riyadh, Dhawan stressed ICMM’s simple message of “mining with principles” to maximize the benefit of mining while minimizing the harm to people and the environment. Dhawan said that ICMM seeks to ensure that the lives of everyone touched by mining are made better, and that the operations are safe, fair, equitable, just and sustainable.

ICMM’s 28 corporate members represent one-third of the global mining industry, and through its association members the council has an indirect influence on most of the sector.

These issues are amongst those being addressed at The Future Minerals Summit (FMS) in Riyadh on January 11-13, 2022. Convened by the Kingdom of Saudi Arabia (KSA), the Summit will include senior political and business leaders, and will discuss crucial issues facing the global mining industry. With over 150+ Mining, Exploration and Development companies expected to attend, and over 2,000 in-person attendees, the summit program will shape the future of mining with a focus on three main themes: mining’s contribution to society, reimagining mining, and investing in new and emerging mining regions.

The three-day event is expected to attract more than 2,000 attendees from more than 95 countries, 150 investors, 100 global speakers, 100 mining corporates and 15 ministers and heads of state.

Source: www.prnewswire.com