IMDEX champions R&D investment as key to future success

With the COVID-19 pandemic upending economic prospects for 2020 and a global recession in the offing, many companies are looking to cut costs by scaling back investment into innovation, research, and development programmes. But for IMDEX, product development is a long game that will deliver valuable upside no matter which way the cycle has turned.

IMDEX champions R&D investment as key to future success IMDEX champions R&D investment as key to future success IMDEX champions R&D investment as key to future success IMDEX champions R&D investment as key to future success IMDEX champions R&D investment as key to future success

The IMDEX XTRACTA, which is now being rolling out by the company, has been under development for nearly 20 years

With 20 offices internationally, sales in 102 countries and a presence on 70 per cent of mineral drilling projects globally, IMDEX regards its annual AUS$20 million (US$14 million) spend on R&D as