The earth’s crust—that thin layer of rock containing humanity’s supply of metals and minerals has not changed. The valuable elements locked within it remain exactly where they have been for millennia. Yet the power to extract and profit from these resources is undergoing a transformation as profound as any in mining’s 7,000-year history.
From remote Himalayan copper deposits monitored by Huawei’s cloud computing systems to Brussels conference rooms where bureaucrats craft mineral trade regulations, the $1.7 trillion mining industry’s control points have migrated away from the physical—the drills, explosives, and haul trucks that dominated for centuries toward the intangible: algorithms, trade architectures, and data rights.
This shift has upended traditional hierarchies. Mining giants like BHP, Rio Tinto, and Glencore—companies that once held unassailable positions through their control of prime deposits and massive equipment fleets—now find themselves in unfamiliar competition with technology firms, regulatory bodies, and even sovereign governments for influence over how minerals flow from ground to market.
“We’re witnessing the dematerialization of power in mining,” explains industry strategist Helena Vega-Santos. “Whoever controls the algorithms that determine where to drill, when to process, and how to trade holds more influence than the entity that merely owns the mineral rights or physical infrastructure.”
The transformation is playing out across multiple fronts. In Tibet, Huawei’s autonomous mining systems have reduced extraction costs by nearly a quarter while eliminating the need for human operators in dangerous conditions. The technology represents not just automation, but a fundamental shift in operational control—from on-site managers to distant engineers and data scientists who may never set foot at the mine.
Similarly, Weir Group’s acquisition of Australian mining software developer Micromine has created what industry insiders call the first “mine-to-market digital monopoly.” The combined entity can now shape everything from exploration decisions to processing parameters through proprietary algorithms that few competitors can match. As one industry analyst noted, “They don’t need to own a single excavator to influence how half the world’s major mines operate.”
Meanwhile, in regulatory spheres, the European Union’s Critical Raw Materials Act exemplifies how policy frameworks increasingly determine winners and losers in the resource economy. By mandating that 25% of minerals in European electric vehicles be processed within EU borders by 2030, Brussels has effectively redrawn global trade flows with the stroke of a pen. African copper producers must now either establish processing facilities that meet European standards or pivot toward Chinese markets a choice with profound implications for their economic development.
Recognizing these shifts, forward-thinking nations are reimagining their resource strategies. Indonesia’s ban on nickel ore exports, which forced manufacturers to establish domestic processing facilities, has generated an estimated $20 billion in investment since implementation. Chile is pursuing similar policies for its lithium reserves, aiming to transform from mere supplier to manufacturing hub.
For the traditional mining powers Australia, Canada, and diversified majors like Anglo American—the challenge is existential: how to maintain relevance in an industry where picking the right software partner or regulatory strategy may matter more than geological expertise or operational excellence.
“The question facing every board room is whether they’re in the extraction business or the intelligence business,” says mining futurist Marcus Chen. “Those who choose wrong risk becoming commodity suppliers in a value chain increasingly controlled by technology platforms and regulatory frameworks.”
As this reconfiguration accelerates, the most profound impacts may be felt in emerging economies, where mineral wealth has long promised development but delivered uneven results. Whether Zimbabwe’s lithium powers factories in Berlin or Beijing, and whether the algorithms guiding extraction benefit local communities or distant shareholders, will determine whether the current transformation perpetuates historical inequities or finally delivers on mining’s promise of shared prosperity.