The Eurasian continent, spanning from Europe to China, plays a critical role in the global economic and geopolitical landscape. Over the past few years, the mining industry across Europe, Central Asia and Mongolia had overcome unprecedented challenges and undergone significant transformation.
The global spread of COVID-19 has dramatically slowed economic growth, disrupted commodity markets, and impacted logistics and supply chains. Consequently, uncertainty and volatility became the “new norm” making planning and investment a challenging task. Additionally, the Russian invasion of Ukraine in 2022 triggered unprecedented international sanctions, which banned Russian producers and exporters of metals and raw materials from international commodity, investment, and supply chain markets. These significant changes are reshaping the “status quo” and creating both threats and opportunities in the region.