Despite having seen beneficiation from up close, Mick is not a believer
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Davis shares the obvious point that without a significant local market, South Africa’s obsession with beneficiation is misdirected and does not create value.
Instead, he argues that mining companies should focus their attention on increasing efficiencies in mining and logistics, thereby ensuring that they are cost-effective suppliers to international customers that can add value.
This view may not get him knighted in South Africa, but he can certainly credibly comment as he has seen energy-intensive beneficiation projects from both the Eskom and Gencor perspectives.
Instead, he argues that mining companies should focus their attention on increasing efficiencies in mining and logistics, thereby ensuring that they are cost-effective suppliers to international customers that can add value.
This view may not get him knighted in South Africa, but he can certainly credibly comment as he has seen energy-intensive beneficiation projects from both the Eskom and Gencor perspectives.