Digital Transformation in the Mining Supplier Value Chain

Digital Transformation in the Mining

Photo by Shutterstock

Digital Transformation in the Mining Supplier Value Chain
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Technology and Communications
Technology
Business Model Description

Business model that enables digital leadership and the use of emerging technologies to bring value to mining suppliers.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
15% - 20% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
< USD 50 million
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
< USD 500,000
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Industry, Innovation and Infrastructure (SDG 9) Responsible Consumption and Production (SDG 12)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Decent Work and Economic Growth (SDG 8) Climate Action (SDG 13) Life on Land (SDG 15)
Sector Sources
  • 1- www.inversionessanjuan.gov.ar / Strategic sectors. 2- Inequalities in the digital world? Gender gaps in the use of ICTs. IDB Report. 3 - Country Circular Publication "Intensive use of technologies, transparent information to communities and sustainability strategy associated with the SDGs: This is how the mining of the future is projected". 4 - Report by Marcelo Alos and Josefina Baca. Technology and regional development in San Juan Province.
IOA Sources
  • 5 - www.dams.com.ar 6 - ECLAC Report - Sustainability Indicators in Metal Mining - 2021 7 - INDEC Report - Access to and Use of Information and Communication Technologies - Fourth Quarter 2022 8 - National Economic Census 2020-2021, Provisional Results.