The mining industry is one of the few sectors that has emerged from the worst of the pandemic-induced economic crisis in solid financial shape. But this is primarily due to strong fundamental demand and higher prices, which created a unique opportunity for operational renewal.

Physical volumes of production and exports have in fact only reached levels slightly above recent 12-month averages and pre-pandemic levels over the most recent months of 2021. This shows the equally severe effect of the lockdown disruptions on the mining sector...

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