How to recognize opportunity when others see risk – Top 10 business risks and opportunities for mining and metals in 2026

The EY report analyses the top business risks and strategic opportunities shaping the global mining and metals industry in 2026. It highlights operational complexity, rising costs, declining ore grades, labour shortages, geopolitical tensions, AI adoption, sustainability expectations, and capital allocation challenges as the sector adapts to growing demand for critical minerals needed for the energy transition, defence, and digital infrastructure. The report emphasises that mining companies must improve productivity, embrace innovation, strengthen community engagement, and adopt long-term growth strategies to remain competitive in an increasingly volatile global environment.