Master Drilling upbeat amid scramble for energy transition minerals
28 March 2023 - 09:57
Global rock boring and drilling specialist Master Drilling is upbeat about work opportunities in copper, nickel and cobalt as mining houses scramble to take advantage of a “supercycle” for commodities amid a boom driven by the just energy transition.
After generating record revenue for 2022, Master Drilling is particularly confident about both its geographic diversification and its commodity exposure, CEO Danie Pretorius told Business Day, but warned that those sought-after commodities are going to be in trouble...
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