Report – mining majors adopted a conservative approach after the 2015–16 market downturn focusing on cost cutting, productivity and expanding liquidity.
The US government is working to help American miners and battery makers expand into Canada, part of a strategy to boost regional production of minerals used to make electric vehicles and counter Chinese dominance.
Odgers Berndtson identified slow career progression and lack of growth opportunities, combined with an overall lack of succession planning, as risks to the industry’s long-term growth and success.