KPMG Global Metals and Mining Outlook

Uncover Strategies for Decarbonization and Operational Excellence
Engineers assessing tasks
  1. 450

    Senior level executives

  1. 20

    Countries

  1. 45%

    with $10 Billion + in revenue


In the face of rapid change and growing challenges, the metals and mining industries stand at a crucial juncture. The 2024 KPMG Global Metals and Mining Outlook offers key insights into how industry leaders can navigate the complexities of decarbonization, achieve operational excellence, and drive sustainable growth. Over 450 C-level executives provide their perspectives on the industry's most pressing challenges and opportunities, from accelerating technology investments to overcoming skills shortages.

Discover the latest strategies, opportunities, and trends shaping the future of metals and mining.


Why Decarbonization Matters Now

Decarbonization is not just a regulatory requirement; it is a pivotal business opportunity that can drive transformation, resilience, and profitability. The report reveals that 57% of executives see integrating decarbonization into their overall corporate strategy as the most effective way to meet sustainability goals. By embedding carbon reduction goals into every aspect of the business, companies can unlock new growth opportunities and reduce costs through improved operational efficiency.

Mining and Metals Outlook-V8

Download the 2024 KPMG Global Metals and Mining Outlook now to access insights and actionable strategies that can help you drive your business forward in a rapidly evolving landscape.

Key Findings from the Report include:

  1. 61%

    of executives are more confident than they were two years ago about their company's growth prospects

  2. 57%

    of executives say the most effective way of meeting their company’s decarbonization goals is to integrate them into the overall corporate strategy

  3. 47%

    of executives say skills shortages are the most important challenge that must be overcome when implementing the latest technologies

  4. 66%

    of executives say that output prices have become more volatile, heightening business risks.


What can mining and metals leaders learn from the Metals and Mining Outlook?

Transforming Operations

Find out how leading companies are redesigning their processes to reduce carbon usage and increase efficiency.

Technology at the Forefront

Understand how advanced technologies, including artificial intelligence and machine learning, are driving operational transformation and supporting decarbonization efforts.

Growth Amidst Volatility

Learn how companies are adapting to unprecedented price volatility and supply chain disruptions while maintaining confidence in their growth prospects.

Building the Future Workforce

Gain insights into the strategies companies are using to attract and retain the talent needed to drive their decarbonization and digital transformation agendas.

Navigating Risks and Opportunities

Stay ahead of the curve with expert analysis on how geopolitical shifts, regulatory changes, and market dynamics are impacting the metals and mining sector.


Ready to Transform Your Business?

  • Gain Competitive Edge: Understand the key trends and strategies to stay ahead in a competitive market.
  • Drive Decarbonization: Learn how to integrate sustainability into your core business strategy to enhance resilience and profitability.
  • Leverage Technology: Discover how to harness new technologies to achieve both operational and environmental goals.

Take the next step in your journey towards operational excellence and sustainable growth.

How KPMG firms can help

Energy, Natural Resources & Chemicals

Find out how KPMG professionals collaborate with top companies in the energy, utility, renewable, mining, and chemicals industries to help uncover new and sustainable opportunities.

Steel and Metals

KPMG Steel and Metals sector professionals are focused on helping clients enable growth and embrace sustainable strategies.

Industrial Manufacturing

KPMG Elevate helps businesses target and capture value using a data-driven approach – confidently helping to achieve measurable improvements to revenue, margin expansion, cost management and capital structures to help increase profitability and performance...

Mining

KPMG Elevate helps businesses target and capture value using a data-driven approach – confidently helping to achieve measurable improvements to revenue, margin expansion, cost management and capital structures to help increase profitability and performance...


Our people

Trevor Hart

Western Australian Chairman | Global Mining Leader | Partner, Audit and Assurance

KPMG Australia

Ugo Platania

Global Sector Leader, Steel

KPMG International


Connect with us

KPMG combines our multi-disciplinary approach with deep, practical industry knowledge to help clients meet challenges and respond to opportunities. Connect with our team to start the conversation.

Two colleagues having a chat