K2fly Limited says BHP has extended its existing one-year contract related to K2fly’s Ground Disturbance solution covering its Western Australian Iron Ore (WAIO) operations in the Pilbara region of Western Australia.
The new three-year agreement comes with a total contract value of A$1.99 million ($1.35 million), according to the ASX-listed company, and follows an initial one-year engagement signed in May 2022.
BHP’s WAIO is an integrated system of four processing hubs and five mines, connected by more than 1,000 km of rail infrastructure and port facilities in the Pilbara region of northern Western Australia. It produces over 245 Mt/y of iron ore, making it one of the top five producers of iron ore globally.
Sitting within K2fly’s Natural Resource Governance area, K2fly Ground Disturbance solution is a cloud-based Software as a Service platform for applying, approving, tracking, reporting and submitting closure of permits and rehabilitation commitments surrounding ground disturbance activities, K2fly explained.
Nic Pollock, CEO of K2fly, said: “Our Ground Disturbance solution is the only commercial off-the-shelf solution available in the market globally and speaks to how our customers are increasingly attributing value to the importance of proper resource governance on land and protecting their license to operate. We are delighted to extend our contract into a three-year term with another global Tier 1 client.”
