The mining industry stands at the centre of a world that is more dependent on minerals than at any point in history, according to BDO Australia’s latest report.
“Every aspect of modern life, from energy and transport to communication, healthcare and national security, relies on a secure supply of mined materials,” BDO global natural resources & energy leader Sherif Andrawes said.
“The sector is navigating a period of profound transformation. Accelerating energy transition, rising energy demand, and intensifying geopolitical tensions are reshaping global competition for critical minerals,” he said.
Yet, meeting this demand is far from straightforward. The era of easily accessible, near-surface deposits is difficult to find. New discoveries are deeper, more remote and technically complex, requiring greater capital, advanced technology and longer development timelines.
Technology and innovation are proving central to Australia’s mining future. Automation, digitalisation and advanced analytics are helping improve efficiency, safety and environmental performance.
Companies are also embedding ESG principles into their strategies, ensuring transparent reporting, responsible practices, and meaningful community engagement.
“Looking ahead, the mining industry’s ability to adapt, by working collaboratively across industry bodies, government agencies and non-traditional partners such as customers and technology providers, will enable the industry to continue to grow,” Andrawes said.
The report said mining M&A surged in scale from early 2024 to mid 2025.
“Mining businesses are actively reshaping their portfolios, divesting from older, carbon-intensive or non-core assets while redirecting capital towards future-oriented, transition critical materials,” the report said.
BDO said governments have continued to shape the mining landscape throughout 2025, with state-based investment and policy support being crucial in driving exploration and de-risking supply chains.
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