Reviewing the present scenario & growth areas:
Mining sector is one of the fastest-growing sectors in the world contributing largely towards industrial and economic growth. Observing similar stature in India, it is considered as one of the core industries contributing significantly to the economy of India. In the last 5 to 6 years, we have observed that the mining industry has shown an unprecedented change from conventional methods to modernised methodology. Demand and usage of equipped technology to advanced products and solutions cater to the needs of the mining companies and operators. With help of advancements in civil engineering construction, solutions, and applications, the mining industry is on the verge of adopting digital transformation in the coming years. The mining industry is constantly evolving and new – age geotechnical solutions help lead to better results and are effective for longer duration.
The shift towards advanced technology and awareness towards eco-friendly products have created a new perspective and acceptance amongst the end-users. The constant rise in demand for progressive mining solutions are shaping the future of mining. The sector is undergoing a paradigm shift and is evolving towards advanced products and solutions that are environmentally friendly and can maximize the opportunity to re-use site-won materials and drive down the carbon footprint to enable safe and efficient operations.
Maccaferri has been at the forefront in developing products that are equipped with best-in-class features pertaining to durability, cost-effectiveness without any compromise on the quality. Additionally, these solutions are more environmentally sustainable and help in reducing the carbon footprint. As the mining operations are upgrading and shifting towards greener solutions, these will not only benefit the sector but will also help the economy at large.
Impact of the pandemic on the mining industry:
Mining is a labour intensive industry and the sudden outbreak of COVID-19 had severe effects on this sector. One of the major challenges the industry is facing is pertaining to contract workers who either got infected with the virus or have moved back to their hometown for safety reasons. Inspite of this, mining operators have stepped forward and shown resilience during the pandemic by implementing appropriate risk management to reduce the risk of infection to ensure uninterrupted operations.
On the ideal solutions and processes for executing projects:
For any mining sites or projects, it is important to do a recce of the area and understand the issues related to the site, which will help in further developing and designing innovative and long – lasting solutions. Mining areas are prone to danger and have resulted in the loss of many lives by accidents brought on by a number of factors. It is necessary to have a more proactive approach and more robust and better monitoring methods in place for hazard identification and control. Mine owners and operators require quality geotechnical, geological and hydraulic solutions, delivered on time and installed rapidly to minimise disruption to mine productivity. Maccaferri’s products and solutions can help mine owners with any kind of problem in each stage of their mine’s lifecycle. These include:
- Haul Roads and Basal Reinforcement
- Storm Water Management
- Mine Protection and Measures
- Retaining Walls
- Rockfall Protection
- Tailing Ponds
On the Way Forward:
The transitional change and acceptance towards advanced products and solutions are paving its way in the mining sector. Alongside, it is also necessary to focus and upgrade towards skilled manpower which will ease the mining operations and productivity in the future. The mining industry is also adapting to technological evolution like automation, electrification, digitalisation keeping the safety aspect for the workers at the forefront. Advancements in civil engineering construction, solutions, and applications, and digital transformation can be observed in the coming years. The sector is also transforming towards greener solutions and sustainability, which will be beneficial to the Indian economy at large.
