The mining industry faced significant challenges in 2023 – fluctuating commodity prices, permitting delays, geopolitical uncertainties. As 2024 begins, inflationary pressures and market volatility persist even as demand rises for minerals essential to the global energy transition.

In a recent panel featuring experts from Prospector and VRIFY, financing trends impacting mining took center stage. While rising costs strain margins industry-wide, promising signals appear on metals integral for clean energy technologies. Government incentives and partnerships across battery/EV supply chains likewise bring new tailwinds.