It’s a new year and with this new year comes anticipation for future trends in the mining industry. One of the main factors that will determine the success of the mining year comes down to mineral supply in the United States. US mineral supply chains will determine how well we can fight climate change with EVs and rebuild our infrastructure.
The new infrastructure budgets have a focus on transportation but it should also include funding for the mines responsible for providing these raw materials. Investments in mining will lead to efficiency improvements in harvesting materials, improving safety and more.
US automakers are also forming partnerships with mines as a means to bolster domestic supply in EV mineral supplies. These partnerships will also lead to improvements for raw materials and mineral supply throughout the USA. There is no path forward that does not involve the strength of US mines to be involved.
Mining companies are not seeing a significant boon in material discoveries so finding new ways to keep efficient such as with big data, robotics technology and improved mining technology is the answer for this coming year. The mines willing to adapt will lead to both innovations and in mineral supply.
With these partnerships, the mining industry will be able to provide the raw materials needed for our future infrastructure. While there are risks associated with this issue, it is short-sighted to think that the raw materials used in EVs, solar panels, and roads can all come from outside of the US. We will also need to establish quality relationships with international suppliers and continue to branch our expertise outwards to ensure our economy and world economies can thrive this year.
If you are interested in seeing the latest in mining technology to improve your efficiency, contact our team today.
This post was written by Justin Tidd, Director at Becker Mining Communications! For over 15 years, Becker Communications has been the industry’s leader in Mine Radio Systems and electrical mining communication systems. As they expanded into surface mining, railroads, and tunneling they added wireless communication systems, handheld radios, tagging and tracking systems, as well as gas monitoring.