Ernst & Young – Top 10 Business Risks and Opportunities for Mining and Metals in 2026

Summary

The main theme of the report is the analysis of the top ten business risks and opportunities for the mining and metals industry in 2026.

Key findings include a shift in focus for mining companies from external issues, such as pressure related to environmental, social, and governance (ESG) factors, to long-term strategic risks. The impact of global instability caused by wars in Europe and the Middle East, as well as political changes like the re-election of Donald Trump, is also highlighted. Operational complexity has become a major challenge, requiring attention to maintenance discipline and alignment of planning and execution. Rising costs and productivity pressures demand urgent action, with a focus on digitalization and innovation to improve efficiency.

Region: Global

Published: October 2025

Author(s): EY

Language: English

Tech drivers: AI Blockchain Cybersecurity and privacy Standards and interoperability

Social drivers: Diversity and equality Pandemics Sustainability and ethics

Geopolitical drivers: Economic conditions Regulatory changes Supply chains disruption Workforce availability

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