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Intelligence for energy companies seeking a data-driven approach to cost management

Key Global Cost Trends in Mining: December 2021 - December 2022 Forecast

February 2, 2022 at 2:55 PM / by Wood Mackenzie Supply Chain

2022 presents a challenging cost environment for mining operators as inflation in cost inputs pressures operating margins. Meanwhile, the stakes of effective cost management will be high as operators face complex capital allocation decision-making as they re-position for the Energy Transition.

In our January report, we provide global 12-month forecasts for key mining cost categories, including mining loading and hauling equipment, explosives and maintenance services.

Operators leverage these forecasts to enhance their budgeting accuracy and to drive market-based cost reductions.


Mining Photo


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