Global Metals and Mining Outlook 2016 | KPMG | MM

Global Metals and Mining Outlook 2016

Global Metals and Mining Outlook 2016

Making the best of a challenging environment

Making the best of a challenging environment

KPMG International’s ‘Special Edition’ Metals and Mining Outlook 2016 explores some of the strategies metals and mining executives are executing to improve their growth potential, manage costs and improve efficiency in today’s challenging environment. The report also provides valuable insights and forecasts for key commodities from KPMG’s network of global commodity leaders.

"When growth does return, the market will likely be significantly different than in the past, particularly given the structural changes taking place and the environmental regulations currently being tabled around the world. You can’t just batten down the hatches and wait for the storm to pass. It seems these executives are making the best of a difficult situation."

– Eric Damotte, Global Head of Metals, KPMG International

"Miners will need to improve the way they allocate capital to prioritize cash flow and earnings. The worst thing to do right now is to pour more capital into increasing production."

– Richard Sharman, Global Head of Commodities Trading, KPMG International

Find out what is on the minds of metals and mining executives around the world.

Hoping for growth but cutting costs: Metals execs expect their company to achieve growth but are not optimistic about the state of the economy. Miners are looking to preserve cash flow and stabilize earnings. Everyone is looking for growth while keeping their eyes firmly on costs.

Managing the portfolio: While metals organizations are looking overseas for new growth opportunities, miners are managing their portfolio of assets and products to create the optimal footprint and portfolio for sustainable growth.

Welcoming the robots: One-in-six metals organizations plan to spend more than 10% of revenues on innovation. All signs indicate that the greatest investments will go to technologies that help automate operations, drive efficiencies and improve quality and safety.

Greater transparency needed: Both metals and mining organizations would like greater transparency into their supply chains, but both struggle to achieve the visibility required to made accurate predictions on price and demand.

© 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.

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Global Metals and Mining Outlook 2016: Commodities forecasts and outlooks

Global Metals and Mining Outlook 2016: Commodities forecasts and outlooks

KPMG’s leading Mining professionals provide their experience, insights and forecasts.

Key takeaways: What you need to know

Key takeaways: What you need to know

Key takeaways from KPMG International's Metals and Mining Outlook 2016.

Growing ahead of the market

With metals prices at record lows, most executives feel they reached bottom of the cycle.

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Looking for new opportunities

Most metals organizations seem to believe they will grow their market share...

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Ambitious investments to drive growth

Metals organizations recognize that when upcycle returns they will need to more agile.

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Working together to predict demand

If metals and mining organizations could better share demand signals, inventory levels...

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View survey key highlights infographic

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Industrial manufacturing

KPMG’s Industrial Manufacturing practice focuses on the Aerospace and Defense...

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Global Energy network responds to business issues and trends.

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