QMASTOR Awarded Major Contract to Improve Management of the Hunter Valley Coal Chain
June 10, 2010
Australian listed QMASTOR Limited (ASX:QML) announced that it has signed a major contract with Hunter Valley Coal Chain Coordinator Limited (HVCCC). The contract is for the provision and support of QMASTOR's Horizon Advanced Planning and Scheduling software for the Hunter Valley Coal Chain. The agreement is expected to provide in excess of $5 million of revenue over five years. The Horizon system will play a key role in the planning and scheduling of coal through the Hunter Valley Coal Chain. This includes the planning and scheduling of:
– Coal movements from approximately 35 coal producers in the Hunter Valley.
– Rail movements from more than 27 load points in the Hunter Valley.
– The movement and loading of more than 1000 coal vessel per year from two coal terminals with another under construction.
A key component of the systems function is to facilitate management of the Newcastle coal vessel queue.
Managing Director Trent Bagnall said: "This is a major project for QMASTOR. In terms of impact and strategic significance to our customers' supply chain. It is one of the most important projects QMASTOR has undertaken to date and represents significant exposure for our products and for QMASTOR globally. It is the type of project that QMASTOR wants to be involved with and allows us to showcase our products and capabilities for a high profile client."
"QMASTOR was competing for the contract against competitors from around the world. The awarding of this contract to QMASTOR re-affirms QMASTOR as world leading provider of systems to the globally mining and port sectors globally. Our systems provide real value for our clients and can be applied to globally significant operations such as this one for the Australian Coal Industry."
The Hunter Valley Coal Chain Coordinator (HVCCC) is at the heart of the Hunter's Coal Industry with the pivotal role of planning and coordinating the co-operative daily operation and long term capacity alignment of the Coal Chain to meet the collective needs and contractual obligations of Producers and Service Providers. Streamlining this massive operation involves intensive "end to end" coal chain planning, scheduling and coordination encompassing some 1,000 kilometres of rail track, over 18,000 annual train deliveries, 35 coal mines, the berthing and loading of more than 1,200 export vessels and the handling of 80 different coal blends for annual coal exports worth in excess of $10 billion with a forecast growth of 50% over the next two to three years.
About QMASTOR Limited
QMASTOR Limited (ASX: QML) is a market leader in the provision of specialist management information systems and services to the global mining, port, power generation and other bulk commodity industries. QMASTOR has pioneered innovative solutions to empower clients to improve their operations and maximise profit through the efficient use of resources across the supply chain.
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