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Small mining innovation steps matter too

For decades, mining majors put “innovation” low on their priority lists. Why? Perhaps they were getting sufficiently satisfactory returns from their assets. Or they had grown complacent because of the industry’s historically slow adoption of new technologies.

Small mining innovation steps matter too Small mining innovation steps matter too Small mining innovation steps matter too Small mining innovation steps matter too Small mining innovation steps matter too

Regarding innovation sources, miners can’t overlook the advantages of open innovation. Image: Siemens

Both reasons are long gone. Miners’ operating costs have soared following massive capacity additions across commodities.

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