Transense Tech. notes further Glencore contract win
Source - SMW
Transense Technologies said Translogik, its trading division providing tyre management solutions, has won contracts through its Australian distributor, Brownfield Engineering and Maintenance Pty Ltd, to supply iTrack II mining tyre monitoring systems for large haul trucks to Glencore Mining.
The company has previously announced that it won a contract through Brownfield to supply 23 iTrack mining tyre monitoring systems for large haul trucks to the Ravensworth mine, owned by Glencore.
Since then, Glencore had been evaluating the iTrack system and had now approved the new iTrack II system for use in its mines.
Orders were signed to upgrade the existing iTrack systems at Ravensworth and add iTrack II to a further 40 trucks at Ravensworth (63 iTrack II systems in total).
These systems were to be supplied on a rental and service basis to Glencore via Brownfield.
This method allowed mining companies to benefit from the productivity gains and overhead savings provided by using the system without any of the associated capital cost, while providing Translogik with a recurring revenue stream.