Original article by Tess Ingram
The Australian Financial Review – Page: 16 : 20-Jun-17
VCI’s latest "Innovation: State of Play" report has found that around 98 per cent of Australian mining professionals regard innovation as "important" or "critical" to their long-term business strategy. However, just 26 per cent said their company’s time-frame for innovation is at least three years. In contrast, 63 per cent of South African mining companies have a long-term focus on innovation. VCI’s founding partner Graeme Stanway says that, amongst other things, local mining companies need to stress the importance of innovation when engaging with investors.
CORPORATES
VCI, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, SOUTH32 LIMITED – ASX S32, FORTESCUE METALS GROUP LIMITED – ASX FMG, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE