K2Fly has been selected by BHP to provide its ground disturbance solution across its Western Australia Iron Ore (WAIO) mines in Western Australia’s Pilbara region.
The one-year deal has an annual recurring revenue value of A$622,000 and a total contract value of $2.12 million.
“Our Ground Disturbance Solution is the only system which helps provide better transparency and governance whilst avoiding damaging the environment or protecting cultural heritage and ensuring all stakeholder engagement and obligations are met,” K2Fly CEO Nic Pollock said.
Sitting within K2fly’s Natural Resource Governance area, K2fly Ground Disturbance solution is a cloud-based SaaS platform for applying, approving, tracking, reporting and submitting closure of permits and rehabilitation commitments surrounding ground disturbance activities.
Pollock noted that, because of recent events in the Pilbara region, the topics of environmental protection, cultural heritage sites and community engagement have been more in focus.
Additionally, K2fly’s Ground Disturbance Solutions is reportedly the world’s only commercial off-the-shelf solution for the natural resource governance and ESG issues that mining companies are addressing.
The WAIO complex of mines is an integrated system of four processing hubs and five operations, connected by more than 1,000 kilometres of rail infrastructure and port facilities. It produces over 245 million tonnes of iron ore annually.
Source: K2Fly.com and The Market-Herald