Digital transformation of production processes and mining business models in the conditions of market instability

Abstract

The digital transformation of production processes and business models of mining enterprises, going hand in hand with the selection of appropri ate digital technologies, will be able to provide long-term solutions to the alarming economic problems of our time. The article raises issues related to the current and future state of the mining industry before, during and after the digital transformation. The digital transformation of mining enter prises by the authors of the article means not only the process of integrat ing digital technologies into all aspects of the mining industry (which, in essence, is digitalization), but also introducing fundamental changes in technologies, culture, operations and principles for creating new products and services in the industry. The study examined the need, benefits, con tent, goals and objectives, principles, main directions, tools and stages of the digital transformation of mining enterprises. The systemic problems of digital transformation of the industry are identified, on the basis of which the authors proposed an algorithm for digital transformation of mining enterprises with step-by-step implementation, which has already begun to be applied in the EVRA Z holding. In the process of digital transformation, a special role is assigned to the head of digital transformation (CDT O). The presented developments will make it possible to comprehensively trans form the domestic mining industry on the basis of a change in strategy and the application of new operating business models at the global level in the conditions of market instability, volatile demand, problems of find ing new deposits in new regions, the need for longer-term exploitation of assets, focus on high standards in work, as well as changes in the rules of conducting mining business around the world.