Mining Digital Magazine November 2024 | Page 23

EXECUTIVE INSIGHT to improve productivity , safety , and sustainability across its operations .
“ We are generating a huge amount of data , which we ’ re applying advanced analytics and machine learning to actively day-to-day around these sites ”, he notes .
Such efforts have yielded tangible results , including up to 10 % increases in truck productivity and optimised material processing .
Looking to the future , Jonathan sees a shift in business models within the mining industry , away from diversification and towards more-focused portfolios , particularly in critical minerals and electrification-related commodities .
“ If you can create portfolios that are focused around those thematics , it makes it much easier for the generalist investor ”, he explains . As the mining industry navigates these complex
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challenges and opportunities , Jonathan remains optimistic about Teck ’ s position and the sector ’ s future .
“ We ’ re very excited about this focus that we will have now on base metals and copper in particular , and this opportunity to continue to provide materials that the world is going to need while doing that in an increasingly responsible manner ”, he concludes . “ The future looks very bright for us and for the industry as a whole ”.
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