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Sydney, Thursday 28 May - ‘Without a clear
shift towards more disciplined capital expenditure, with a greater focus on
innovation, cost control, and execution certainty, we will lose the race.’ Mining’s Mission Critical, to responsibly deliver
vital materials, will take centre stage at this year’s International Mining
and Resources Conference + Expo (IMARC) as the industry pivots strategically
and operationally to align trillions of dollars of new investment with the
world’s economic, technological, and environmental trajectory. Returning October 27-29 to the ICC Sydney after a
record 2025 event, IMARC organiser Beacon Events has invited more than 500
mining, finance, and government leaders from all over the world to address
vital issues and trends around this year’s theme, From Strategy to
Execution: Delivering Responsible, Resilient and Viable Resources. Already, senior figures from BHP, Vale, Glencore,
Fortescue, Agnico Eagle, Thiess, WSP, Jefferies, EMR Capital, and many other
companies have answered the call, along with national and state government
officials. “When global competition for mining investment is
intensifying and our critical minerals are in hot demand for energy,
electrification and strategic strength, IMARC 2026 is a tremendous
opportunity for MCA members and the broader industry to connect with other
mining companies, capital markets, governments, technology providers and
industry leaders from more than 120 countries,” Minerals Council of Australia
CEO Tania Constable says. “Australian miners face high effective tax rates,
slow and complex regulatory approvals, relatively high labour and
construction costs and rising energy prices, and our vulnerability to
competition for mining investment from other traditional and emerging
resource-rich economies with lower input and regulatory costs and faster
approval processes is only growing. “Now is the time for robust conversations and new
thinking as we seek solutions to support mining in creating national
resilience and global prosperity.” IMARC’s powerful 2026 program, featuring speakers
such as Australia’s resources minister Madeleine King, Agnico Eagle
Australia’s Felicia Binks, BHP innovation strategy head Marley Palin, Fortescue
integrated operations director Katie Charuga and Perenti CEO Vanessa Torres,
will give attendees unique insights into: A rapidly changing global mineral processing and
refining landscape US and Europe resources and supply chain resets Crucial mine and downstream funding trends Markets and policies altering the future of mineral
supply Leaders in permitting and regulatory reform Project pipeline opportunities and constraints. Strategy to execution Getting capital, workforce, technology and ESG
resilience calls right is crucial for mining and metals companies striving to
unlock growth and reinforce their long-term competitiveness. Industry-wide, up to US$5.4 trillion of capital
expenditure could be needed to avoid looming minerals and metals supply
shortfalls, IMARC audiences have heard. However, as global consulting firm
ERM revealed at last year’s conference, nearly two-thirds of mining projects
face delays and the average time taken to progress a discovery to an operation
has increased by 40% in the past decade. “Developing mines is becoming increasingly
challenging, at a time when society’s need for critical minerals is
accelerating,” ERM mining leader Louise Pearce says. “To meet the required
pace and scale of supply, and avoid a critical minerals deficit, a fundamental
shift is needed.” Paul Mitchell, global mining & metals leader at
EY, says moving beyond traditional transactional models will be a critical
part of ensuring projects are delivered on time and schedule. “Investor confidence is affected by the performance
of capital projects and caution is escalating given the geopolitical
landscape,” he says. “With consistent cost and time overruns we run the
risk of losing access to capital given energy security and defence are
essentially competing for the same capital. Without a clear shift towards
more disciplined capital expenditure, with a greater focus on innovation,
cost control and execution certainty, we will lose the race.” In a world of increasing mine development
constraints, Australia itself had come to a critical juncture, the MCA’s
Tania Constable said this month. “Global capital makes decisions based on delivery,
not intent,” she told a federal parliamentary inquiry into factors shaping
social licence and economic development outcomes in critical minerals
projects across Australia. “In Australia it now takes on average around 17
years to bring a mine from discovery to production, with most of that time
spent before construction even begins.
“That’s the practical reality of competing for
global investment.” Underlining the enduring value of that investment
New South Wales Minerals Council CEO Stephen Galilee said the council’s
latest annual survey of member companies had the industry’s A$22 billion
local spend, 35,100 full-time-equivalent employees and support for more than
7500 NSW businesses at record levels. State-based spending was double the
outlay of a decade ago. “In the current climate of economic uncertainty it
is vital that governments support industries like mining that deliver such
stability to the economy,” Galilee says. IMARC uniquely draws operators, investors,
governments and innovators together to connect projects and capital and
accelerate adoption of important new technologies. Sherene Asnasyous, IMARC event director – content
& partnerships, says new partnerships and government participation are
reinforcing IMARC’s status as a truly global industry-led mining event. “We’re proud to welcome the Minerals Council of
Australia and NSW Minerals Council as strategic association partners for
IMARC 2026, together with other local and global organisations supporting
this year's program and sector priorities,” she says. “IMARC is also looking forward to welcoming a
stronger EU delegation this October following the newly announced EU–Australia
trade agreement and security partnership, which marks a step change in global
collaboration, deepening ties across critical minerals, supply chains and
defence cooperation. “The agreement strengthens access to Australian
critical minerals and reinforces the EU’s role in building resilient,
diversified supply chains in the Indo-Pacific. It underscores the importance
of EU participation at IMARC 2026.” Tickets for IMARC 2026 are on sale now. A delegate
pass will provide full access to the conference, the Traxys IMARC
Connect meeting platform, as well as networking
events. Alternatively, a free Expo Visitor Pass, grants access to the
exhibition floor and select conference theatres. Eligible personnel from mining companies and mining
contractors across operational, technical, and leadership roles can attend
the full conference and exhibition for free with a Mining Guest Pass. Register now at imarcglobal.com. |