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07 Jun
12:00

Most mining, energy projects 20% over budget: study

Large mining and energy projects are often running 15% to 20% over budget, putting nearly $1.5 billion of capital expenditures at risk each year through 2030, according to Bain & Company. The Boston-based consultancy firm warns that a successful energy transition will require “unprecedented” capital volume and shifting speed. “Some companies face the prospect of doubling or tripling their capital deployment levels within a few short years,&…
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