The mining, metals and materials industry is vulnerable to many social and economic pressures in its important role as a material provider.
Market fluctuations, labour shortages and social licence to operate, among several other factors, are all important issues faced by the industry today.
The top financial and operational challenges facing the modern mining, metals and materials industry have been laid out in a research report from LNS.
The report uses the Balanced Scorecard model to identify challenges across four key areas: financial, internal processes, customer and innovation & learning.
Growing revenue and protecting margins were identified as the top financial challenges by the report, while manufacturing efficiency and regulatory and industry compliance took the top spot for operational challenges.
To download the full report, fill out the form here.