The mining and metals sector is undergoing major changes, as companies balance national security priorities for critical minerals with rapid AI adoption, according to Deloitte Global’s ‘Tracking the Trends 2026’ report. Minerals vital for the energy transition are now central to security discussions, while AI and new technologies are transforming operations, creating both risks and opportunities.
Deloitte leaders Ian Sanders and Nicki Ivory note that companies must supply essential materials responsibly, balancing clean energy needs with defence strategies amid unprecedented trends, especially in Australia. AI is revolutionising productivity, mineral discovery, and workforce structures, urging firms to adopt connected “smart operations” for safer and more reliable mining.
The report outlines ten trends shaping the sector in the next 12–18 months:
- Critical minerals are increasingly strategic, linking energy transition and security.
- Companies should future-proof portfolios with agile, sustainable management.
- Corporate purpose is crucial for resilience and stakeholder trust.
- Evolving operating models must integrate governance, people, processes, technology, and culture.
- Leveraging operational data enables optimised “smart operations.”
- Strategic AI use boosts productivity, safety, and cybersecurity.
- Generative and agentic AI are reshaping human resources and role structures.
- Data-driven mineral exploration allows faster, more accurate discoveries.
- Demand for critical minerals will rise due to population, urbanisation, and energy needs, requiring companies to align with national strategies.
10. Sustainability adaptation—resilience against weather, water scarcity, and ecosystem degradation—is essential, necessitating collaboration among stakeholders.
Collaborative adaptation and innovation are highlighted as key to maintaining competitiveness and supporting the clean energy transition.