K2F 0.00% 18.8¢ k2fly limited

PRECIS ONLYK2fly Signs Rio Tinto for RCubed SolutionHighlights•...

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    PRECIS ONLY
    K2fly Signs Rio Tinto for RCubed Solution
    Highlights
    • Rio Tinto have signed a five-year contract with K2fly for the RCubed Mineral
    Resource and Reserve Solution across 20 reporting sites.
    • The total contract value is for over AU $1,450,000 including annual software
    subscriptions for the five-year term and the initial implementation fees.
    • Contract signing demonstrates recognition of our RCubed solution by a Tier 1
    mining company.
    K2fly Ltd (K2fly) is delighted to announce that Rio Tinto have signed a five-year contract to
    implement the RCubed Mineral Resource and Reserve solution across 20 sites globally.
    Implementation will commence immediately. The total contract value, including initial
    implementation costs, is for AU $1.45M.
    The RCubed solution will replace an inhouse system and will assist Rio Tinto in providing
    mineral resources and ore reserves reporting and governance for its shareholders and
    regulators.
    Nic Pollock K2fly Chief Commercial Officer said that “Rio Tinto’s signing represents a
    significant milestone for K2fly
 
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