INDUSTRY 4.0
40 opportunity for industrial drone developers . Malmgren cites Australia ’ s mining industry as a key market where drones can ensure the safety of workers by taking on potentially dangerous visual observation and measurements recording data from the top of a heap of aggregate .
We live in a world where inflation is back on the agenda , so with Malmgren ’ s unique perspective as an economist and mining professional what are her predictions for how the industry can and must respond ? “ We ’ ve seen a mining downturn triggered by a lack of investment in capacity since the financial crisis - the same is true of other sectors such as oil and gas . We ’ re now experiencing capacity shortages , in a world economy growing surprisingly better than everybody expected . It ’ s still controversial to say this because most people think the world economy is about to roll over ... but $ 20 trillion of quantitative easing is still out there in the world economy . Investors are aiming to get out of cash due to the pressure of inflation so they ’ re looking to put their money in the real economy through buying equity . I think the smart investors
FEBRUARY 2019