Danish engineering firm, FLSmidth, has appointed Marius Kloppers, the former CEO of BHP Billiton, to its board of directors at its annual general meeting held on 5 April.
“To achieve much-needed efficiency gains, the mining industry will heavily increase its spending on service agreements and equipment with performance guarantees,” said Kloppers in an interview with Make Sense TV on his FLSmidth appointment.
“This gives FLSmidth a unique opportunity to aid global mining companies in adjusting to the ‘new normal’ in the global mining market.’
South African Kloppers led BHP Billiton, the world’s largest mining company, from 2007 to 2013.
Edited by Jonathan Rowland.