Consultant promotes technology over subsidies to ensure sustainability

Coal mining companies need to embrace the technological revolution if they are to overcome current challenges, including lower commodity prices, rising labour costs and increased regulatory pressures, says commodities and industrial consulting firm Bryanston Resources.

According to Bryanston director Lorenzo Tencati, “It is technology, not government subsidies, that will add value to the South African mining industry.” He adds that, since the industry needs to compete in a global market, subsidies are not a sustainable method to encourage keeping up with the competition.

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