The worm has turned! No longer purely focused on volume production, productivity is now “king”. Difficult times encourage faster innovation by mining companies. We note a repeat of previous industry downturns – when times are tough, innovation occurs at its most rapid rate. We expect this trend to continue as the mining industry focuses on improving returns on operational cost and capital investment. We believe we have the answers for customers who require a new approach to achieve target financial returns.
We are certainly experiencing increased interest from customers who are looking for higher capital productivity, faster installations and improved environmental outcomes.