Iron ore majors ramp up supply even as China faces challenges
Iron ore is one of the year’s worst performing major commodities, slumping by almost a quarter as China’s property crisis drags on.
The directors of QMASTOR Limited (ASX:QML) are pleased to announce the signing of a major contract with an Australian iron ore producer for the provision of their Pit to Port.net, SMS3D.net and iFuse systems across the group. The contract will cover software licensing and maintenance for 11 operational sites within Australia and also provides the resource company with access to QMASTOR systems throughout their global operations across multiple commodities.
QMASTOR will supply the client with an end to end ore tracking and inventory management solution. The system will enable management to improve the way they plan, record, track, optimise, account, reconcile and report the tonnage, quality and value of ore across their supply chains. View full press release.
