Small METS firms vital to mining innovation push: RCF’s Gillies

Richard Roberts

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RCF Jolimont's Charles Gillies speaks at the 2023 Advancing Net Zero Mining event in Perth, Western Australia
‘Large companies are not often very good at disrupting themselves’

Small, agile mining equipment, technology and services (METS) companies are vital to driving much-needed innovation in the mining space because incumbent major suppliers “are not often very good at disrupting themselves”, RCF Jolimont director Charles Gillies has told a Perth mining forum.

RCF Jolimont is the mining innovation investment arm of large mining private equity investor, Resource Capital Funds, which currently has about US$2.5 billion under management. It has a number of current investments in small mining tech and equipment scale-ups, and has chalked up some notable recent exits.

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