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  • Productivity in mining operations: Reversing the

    Worldwide mining operations are as much as 28 percent less productive today than a decade ago, according to new McKinsey research. The results from McKinsey’s new MineLens Productivity Index (MPI), which adjusts for declining ore grades and mine cost inflation, show that the pronounced decline in productivity is evident across different

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    Prepared by Cris Candice Tuck [(703) 648–4912, [email protected]] IRON ORE1 (Data in thousand metric tons of usable ore unless otherwise noted) Domestic Production and Use: In , mines in Michigan and Minnesota shipped 98% of the domestic usable iron ore products, which were consumed in the steel industry in the

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  • Productivity in mining operations: Reversing the

    Worldwide mining operations are as much as 28 percent less productive today than a decade ago, according to new McKinsey research. The results from McKinsey’s new MineLens Productivity Index (MPI), which adjusts for declining ore grades and mine cost inflation, show that the pronounced decline in productivity is evident across different

  • Why people are leaving the mining industry How to

    Simultaneously, global energy uncertainty alongside price and demand rises in commodities 4 “The rawmaterials challenge: How the metals and mining sector will be at the core of enabling the energy transition,” McKinsey, January 10. that enable electrification (such as lithium, iron ore, and copper), as well as heightened expectations

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