Australia's Mining Sector Will Need to Solve a Talent Crunch to Hit Its Targets
Iron ore mining projects are on the rise again in Australia. After prices plummeted in 2015, the sector is expected to see an increase in export volumes of iron ore from 847 million metric tons in fiscal 2019 to 874 million in fiscal 2021. Most of the country's major mining companies have announced massive new initiatives. Yet the strong demand for resources is hitting a sector already plagued by talent shortages, which could hamper project schedules and budgets.