Mining and metals
The mining and metals industry is characterised at present by volatile commodity prices, a sharp decline in capital liquidity and heavy cost cutting by the mining houses in capital expenditure and operating costs.
The market is however cyclical and demand will pick up in both emerging and mature markets. With this in mind the industry is investing, but with a focus on allocating and spending more efficiently than in boom times.
Turner & Townsend has responded with a series of initiatives we believe will support these trends:
- stay in business /sustain capital expenditure optimisation
- cost benchmarking
- cost verification and assurance
- a strengthened cost estimating capability
The geographical focus of the mining group remains global with support from 24 natural resource hubs globally, and continued penetration into Latin America and Africa.
Find out how we are helping our mining and metals clients to capitalise on opportunities and meet these challenges with our services and our experience.
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