Original article by Nick Evans
The Australian – Page: 15 : 27-Jul-20
Scott Grimley of EY says Australian mining companies should reinvest in their business using ‘windfall’ profits from the rising price of gold and iron ore. He cites the need to invest in technological innovations in particular, noting that a report from EY in 2019 concluded that implementing new technologies could boost productivity by 9-23 per cent. Grimley has emphasised the importance of growth as the economy recovers from the coronavirus pandemic.
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