IGO to record impairment against nickel assets in strategy shift
IGO has been undertaking a strategic review in an attempt to revaluate its resources.
Mining and energy companies in Australia looking to develop innovative solutions to market challenges now have a cutting edge location in Accenture’s new Innovation Hub in Perth.
Both the mining and energy sectors are currently facing a world of disruption. Technology has brought dynamism for both, as artificial intelligence (AI), Internet of Things (IoT) and data analytics among others start to play a key role in large-scale operations.
Sustainability is another major disruptor reshaping the face of the two industries. The mining and energy sectors are emission heavy, and the economic drive towards sustainability is forcing many companies to reexamine their operations. In the mining sector, pressure to become sustainable has pushed many to phase out diesel machinery, among other fundamental changes.
Specifically in the energy sector, disruption has further come in the form of three Ds – decarbonisation, digitalisation and decentralisation. Innovation is critical in this scenario, and Accenture has stepped in to facilitate problem-solving through its new Perth Innovation hub.
The new hub joins three other Innovation Hubs in Australia – situated in Sydney, Melbourne and Canberra – and becomes part of a global network of more than 100 Accenture Innovation Hubs. The facility is equipped with state-of-the-art technological implements so as to enable experimentation.
