Demand for minerals, those deemed critical and otherwise, is driving high demand. However, the growth and momentum that the global mining industry is currently enjoying is threatened by the lack of qualified professionals joining the industry at a time when many of its seasoned veterans are leaving the industry.
Walter Copan, vice president for Research and Technology Transfer at Colorado School of Mines testified in June before the U.S. House Committee on Natural Resources about the changing workforce and the rapid retirements in the industry. This so-called Gray Tsunami threatens to leave a massive void of talent just as the industry is working to put new resources into production to meet the needs for a global energy transition.