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Annual Mining Review
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The Middle East mining industry is going through several changes.
Accelerating sustainability in mining The pillars of energy efficiency, yield improvement and low greenhouse emissions, and others, are gaining increasing focus in the industry. Fyna Ashwath reports.
THRIVING AND healthy mining and metals sector is crucial for the global economy and to support the innovation of new technologies and materials needed for climate change reduction, environment protection, as well as the circular economy.
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Middle East mining The mining sector in Saudi Arabia is witnessing major changes to achieve one of the most important goals of Vision 2030, which is to diversify the resources of the national economy and make it the third pillar of the local industry, along with oil and petrochemical industries, according to the AlEqtisadiah newspaper quoting Khalid Al Mudaifer, vice minister of industry and mineral resources for mining affairs, as saying. Oxford Business Group's Focus report on Egypt's petroleum and mining reveals that the mining industry is set to be one of the
fastestgrowing and most strategically important sectors. In the UAE too, the industry is witnessing changes. The Mining Show this year will bring together the stakeholders that represent the entire regional mining, quarrying and mineral processing ecosystem. The event will cover major projects, the latest opportunities in mineral exploration, reformation of codes and regulations, and development of operations across several exciting countries.
Focus on sustainability As with other sectors, the Middle East is giivng a lot of importance to sustainability in the mining sector. The emphasis on global decarbonisation, is also heavily reliant on he sustainable production of minerals and commodities. Schneider Electric and AVEVA are companies providing tools required by organisations to make informed decisions
Technical Review Middle East - Issue Four 2021
that will empower people across the mining, minerals, and metals value chains to be more strategic in their choices based on sound advice with sustainability in mind. They are assisting operators and managers in these choices leaving these organisations well positioned to tackle some of the challenges associated with adopting sustainable practices, potentially resulting in reduced operating costs and thus providing the rare ability of appeasing all stakeholders. According to an IDC Technology Spotlight, sponsored by AVEVA and Schneider Electric, Transitioning to Sustainable Mining, Minerals and Metals Practices, the top three market pressures driving the sustainability agendas of mining and metals organizations are: • Need to improve brand equity • Reduce the risk of an adverse event • Ensure compliance with current and future regulations www.technicalreview.me
