Australia

K2fly welcomes three-year Rcubed contract extension by Teck Resources

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K2fly Limited (ASX:K2F) has welcomed the recent three-year annual extension to Teck Resources original RCubed contract set to begin in December 2019. Teck is a diversified resource company committed to responsible mining and mineral development with business units focused on steelmaking coal, copper, zinc and energy. Headquartered in Vancouver, British Columbia (B.C.), Canada, Teck own or have interests in 13 operating mines, a large metallurgical complex, and several major development projects in the Americas. K2fly chief commercial officer Nick Pollock said: “We are very proud to call Teck a customer as they live the values that we aspire to in leading Environment, Social and Governance (ESG) practices in the mining sector.” Multi-year contracts in the pipeline RCubed Total Contract Value (TCV) has risen sharply by 159% in Q2 to more than $2 million as the contract terms extend. This trend is expected to continue with further multi-year contracts in the pipeline. Although these potential contracts are still in negotiations and until complete, there are no guarantees. Background K2fly owns the following Software SolutionRead More – Source