Economic growth is a prerequisite for long-term and sustained employment creation. This in turn requires well-functioning and internationally competitive industries. The continual development and application of innovative and knowledge-intensive technologies is essential if both of these interdependent national objectives are to be realised.
Mintek has reinforced its commitment to developing technologies that will not only strengthen the competitiveness of the traditional mineral processing cluster and foster new opportunities within it, but also that will enhance the well-being and livelihoods of all South Africans.
Mintek has ring-fenced its Science Vote funds to ensure that long-term research and development is carried out, and is aligned with national priorities and market demands. These funds are allocated to the following activities:
- Technical Innovation, with the focus being on the generation of ideas, laboratory testwork, pilot plant evaluations, feasibility studies and development of prototypes for new products. The critical macro-economic objectives are value addition (beneficiation), forex earnings, fiscal revenues and job creation.
- Socio-Economic Development, with the focus being on small, medium and micro-enterprises (SMMEs), poverty alleviation, rural development, job creation and national beneficiation projects, as well as stimulating mineral resource development in Africa.
- Human Resource Development, for both Mintek and the wider minerals sector, with the focus being on bursars, in-house technical training programmes, and general training and transformation.
- Science, Engineering and Technology, awareness throughout the economy.