COSOL Limited (ASX: COS) has recently signed a significant contract with OK Tedi Mining Limited, the owner of a prominent copper and gold mine in Papua New Guinea. The contract, valued at AU$17 million, will last three years. This agreement further strengthens the longstanding partnership between the two companies, which has been ongoing for nearly twenty years, resulting in improved operational effectiveness and reduced costs.
COSOL will provide comprehensive and end-to-end Asset Management Services, utilizing their proprietary software and services as part of the contract. By leveraging these resources, COSOL aims to achieve substantial operational efficiencies and significant cost savings and support OK Tedi Mining Limited in achieving zero waste across their operations and supply chains. This agreement demonstrates an ongoing dedication to collaboration and progress in mining.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.