The Mining industry has emerged from a slump and is ready for a promising future. The industry suffers volatility primarily due to climate change and geopolitical issues which is the current scenario. The capital expenditures are positively high and hence, a solid future. The industry is a provider of essential raw materials that go into production of the most simple as well as a complex product. There has been an evolution in the list of raw materials and it spans across coal, iron ore, gold, silver, aluminium, lithium, nickel and so on. The miners across globe are struggling to fight the carbon emissions resulting due to mining activities. As a positive move, they have targeted for reduced greenhouse gas emissions. Copper, coal and iron ore form the most bought commodities, with coal being the largest revenue generating commodity. The slow walk towards technology adoption of this sector is expected to accelerate in coming future. Mining automation is a commitment towards increased productivity and reduced labour cost. The technology mix, if embraced rightly, will revolutionize the process and in turn help miners in safely extracting the raw materials. The use of autonomous mining equipment such as autonomous haul truck and autonomous blast-hole drill help miner in optimizing the operating costs to a considerable extent. The use of robust network infrastructure for easy communication in underground mines enhances safety measures. The industry is yet to accommodate many such productive changes in near future.

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