CSIRO Minerals Chief Dr Bart Follink says now is the time to invest in the strategic research and development (R&D) of minerals.
Follink says while spending while in the midst of the unprecedented downturn facing Australia’s minerals industry seems counter-productive it is actually crucial.
According to Follink, wise investment in R&D can improve operating efficiency and environmental sustainability, thereby improving mineral processors’ bottom line — today.
For example, CSIRO researchers have found reducing the viscosity of smectite slurries could translate into nickel production gains of up to 20%.
Furthermore, long term investment in R&D is important to ensure Australia has the technology and expertise to remain competitive in the global marketplace when the current crisis eases and demand for minerals increases.
Similarly, research can lead to improved methods which ultimately could reduce greenhouse gas emissions which is growing becoming more vital for companies and end users.
Add a comment