Transense Tech. notes further Glencore contract win
Source - SMW
Transense Technologies said Translogik, its trading division providing tyre management solutions, has won a further contract to supply iTrack II mining tyre monitoring systems for large haul trucks to Glencore Mining.
The contract was won through Translogik's Australian distributor, Brownfield Engineering and Maintenance Pty Ltd.
The company announced on 5 June 2017 that it had won a contract through Brownfield to supply 63 iTrack II systems at Ravensworth mine, owned by Glencore.
Since then, Glencore had now ordered a further 44 iTrack II systems for trucks at their Rolleston mine.
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.