Global Mining Industry

MINING INDUSTRY & THE ENERGY CLIFF: Friction & Wear Costing The Industry Trillions

Posted by SRSrocco in Energy, Mining, Silver Members on June 8, 2021 — 16 comments

The global mining industry faces serious headwinds as it hits the brick wall called the Energy Cliff. Not only will peak oil production translate to falling metals supply, the tremendous amount of friction and wear in the global mining industry will also make a bad situation worse. Why?