Covid 19: Impact and Response on Mining industries of India - PowerPoint PPT Presentation

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Covid 19: Impact and Response on Mining industries of India

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The COVID-19 pandemic has had an immediate impact on the global economy, and that impact goes across all sectors, including mining. Some industry players in mining will be more affected than others by the new set of challenges facing the industry. Mine sites must be operated differently now to protect employees and guidelines have been issued on health screening, personal protective equipment and social distancing. On the other hand, most governments recognise that mining cannot stop completely. Ugratara Minemet Pvt. Ltd. is the leading mining contractors in India. – PowerPoint PPT presentation

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Title: Covid 19: Impact and Response on Mining industries of India


1
Covid 19 Impact and Response on Mining
industries of India
2
(No Transcript)
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  • The COVID-19 pandemic has had an immediate impact
    on the global economy, and that impact goes
    across all sectors, including mining. Some
    industry players in mining will be more affected
    than others by the new set of challenges facing
    the industry. Mine sites must be operated
    differently now to protect employees and
    guidelines have been issued on health screening,
    personal protective equipment and social
    distancing. On the other hand, most governments
    recognise that mining cannot stop completely.
    Ugratara Minemet Pvt. Ltd. is the leading mining
    contractors in India.

4
  • Mining companies are feeling most of the
    pressure, despite recent positive results brought
    by surging commodity prices and a number of
    cost-cutting initiatives. The response to the
    pandemic from governments and markets has
    definitely effected the mining industry.
    Restrictions imposed on mining companies have
    seen production pack up across multiple markets.
    The COVID-19 outbreak has made the immediate way
    forward for several mining operations round the
    world uncertain. As a result, there could also be
    an increased appeal and demand for solutions to
    scale back the human workforce at mine sites. We,
    mining companies in India, are trying our best to
    deal with this situation. We are the best mining
    services provider in India.
  • Yet during a sector that's highly reliant on
    effective and predictable operations within its
    supply chain, any deviation from traditional
    working practices can trigger intense
    uncertainty, and threaten both production and
    profits. With this in mind, the pandemic has
    already affected mining operations and the
    trading relationships building upon them and left
    the future of the industry shrouded in doubt.

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  • Some miners have already adapted, hosting
    conferences virtually and holding online auctions
    or tender processes however, such quick digital
    transitions have not been the norm, owing to cost
    considerations, business model factors or the
    general nature of the business.
  • As the coronavirus pandemic continues its impact
    around the world, the efforts from mining
    companies that have been making financial and
    logistical contributions to tackle the epidemic
    are remarkable. And we believe the collaborative
    efforts between public-private entities will be
    useful in the fight to combat Covid-19.
  • Website- https//www.parthinfraprojects.com/
  • Email- info_at_parthinfraprojects.com
  • Contact us- 9785538245
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