WHAT INNOVATION MEANS TO MINERAL EXPLORATION

WHAT INNOVATION MEANS TO MINERAL EXPLORATION 

 

Innovation is one of the pillars of Benthic Geotech. Through fostering the natural innovative dynamism of our people, we have been able to take some really good ideas and turn them into a product package that is changing the way our industry operates globally.

Benthic Geotech has created a sophisticated remotely operated deep sea drilling and testing machine that operates at much lower cost than current state-of-the-art drill ships. In the early stages of our commercialisation, we have delivered services as far as field as Korea, United States, New Zealand, and at home. We have identified very profitable niches and are rapidly refining both our technical and commercial offerings.

Discovering better ways to do things and successfully engineering practical methods of delivery is very exciting. Successful innovation is very rewarding and this shows in the enthusiasm that our people infectiously spread to all of those who work alongside us.

Of course, successful innovation, when well managed, is also financially very rewarding. With the generous assistance of Australian government R&D assistance and the benefit of patient supportive shareholders, we have been able to establish a business that has very good growth prospects and will continue to generate considerable export income.

Peter Williamson, CEO,
Benthic Geotech

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