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Master Drilling looks to cash in greater EV production

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The company says it is already exposed to a number of the minerals used in the production of electric vehicles 🔒

Global drilling company Master Drilling is looking to benefit from the ramp-up in electric vehicle production, it said on Tuesday, with demand for copper and other minerals set to grow.

“We are already exposed to a number of these minerals, and we continue to amplify our exposure to copper and nickel,” CEO Danie Pretorius said on Tuesday...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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