Getting the Most from Your Service Contractors
Contractor costs are a big—and growing—part of total mine site costs. Eight moves can help miners save as much as 20% to 25% on contractor services.
Technology and the internet of things is reshaping large mining projects, but returning value to investors remains a challenge across the industry. Returning investor confidence requires a transformation in both company culture and processes. Explore BCG's latest thought leadership on metals and mining for insight into a more stable future in raw materials.
Contractor costs are a big—and growing—part of total mine site costs. Eight moves can help miners save as much as 20% to 25% on contractor services.
Since 2010, the mining sector has experienced a sharp drop in TSR, leaving investors skeptical about its future. A price recovery in 2016 brought a sigh of relief from mining companies. But much remains to be done to win back investors’ confidence after a decade of subpar returns.
Takt planning can help miners supercharge productivity at the rockface. But to make improvements stick, miners must apply six rules—and avoid all-too-common pitfalls.
To make sustainable gains in efficiency, asset-intensive producers of metals need to promote flexibility throughout the organization.
Today’s metals manufacturers must actively manage inventory by keeping it down, keeping it simple, keeping it moving, and keeping an eye on it.
A successful metals and mining strategy needs a clear vision about technology's place and purpose along the entire value chain.
The sustainability imperative could erode demand for metals and mining companies’ offerings. To survive in the long run, companies must master three strategies.
Mining and metal companies need to find ways to adapt to calls for greater sustainability.
How will the sustainability agenda affect the mining and metal industry? Steel can be used as a proxy to explain likely developments.
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