Sustainability in the Global Mining Industry 2011–2012: Market Trends and Opportunities, Profitability and Budget Forecast, Mining Industry Procuremen

21 Nov 2011 • by Natalie Aster

London – Between 2011 and 2012, buyer sustainability management budgets in mining construction industry are expected to rise by 9%, according to the report “Sustainability in the Global Mining Industry 2011–2012: Market Trends and Opportunities, Profitability and Budget Forecast” by iCD Research. This is believed to reflect the increasing need to adopt sustainability, the development of clean technologies, the installation of waste water management and re-vegetation, compliance with legislation and an increase in operational costs during the period. Between 2011 and 2012, global respondents from supplier companies are expected to record an average increase of 8% in their sustainability budgets, which can be attributed to the increasing demand from clients, product innovations, the importance of building energy efficient equipment and increasing sales.

Report Details:

Sustainability in the Global Mining Industry 2011–2012: Market Trends and Opportunities, Profitability and Budget Forecast
Published: October, 2011
Pages: 186
Price: US$ 2,000.00

The mining industry is confident about profitability due to the adoption of sustainability practices

Globally, companies across the mining industry expect an increase in profitability as a result of the adoption of sustainability practices between 2011 and 2012. Cost savings, increasing shareholder expectations, efficient manufacturing facilities, optimal resource utilization and energy efficiency are considered important sustainability catalysts. Overall, sustainability is believed to increase the profitability of a company by reducing energy costs used in operational areas including efficient lighting and insulation of building, attract and retain loyal customers and staff, and reduce inventory management costs.

Demand for sustainable products and services expected to be high in Australia, Canada and China

Globally, informed opinion among mining companies identified Australia, Canada and China as the markets with the strongest growth opportunities for sustainable products and services between 2011 and 2012. These expectations are strongly influenced by government policy. For example, the Australian Government is encouraging sustainable mining practices through the implementation of rules and regulations with regard to environment protection, mine rehabilitation and efficient mine closure policies.

More information can be found in the report “Sustainability in the Global Mining Industry 2011–2012: Market Trends and Opportunities, Profitability and Budget Forecast” by iCD Research.

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