Top 10 business risks and opportunities for Mining in 2021
EY's annual report examining the top 10 business risks and opportunities for metals and mining reflects the ongoing challenges of disruption caused by the Covid-19.
When last year’s top 10 risks in mining and metals report raised the prospect of high-impact risks - those that are rare but potentially catastrophic - who could have predicted what would follow in 2020? At that point, EY anticipated that disruption would soon hit the sector but didn’t expect it to come from a global pandemic that has now accelerated other disruptive factors.
Covid-19 was clearly the dominant issue of 2020 and will continue to impact all industries in 2021, including mining and metals. EY's 2021 report focuses on the effects of Covid-19 on the sector, highlighting how the pandemic has heightened many risks but also created new opportunities.