Transense Technologies has won a contract to supply iTrack tyre monitoring systems to another BHP mine.
Transense will supply 26 iTrack systems to the BHP Billiton Mitsui Coal South Walker Creek mine. Transense’s distributor will supply the systems on a rental basis.
The share price has risen 5p to 80p.
Transense has already said that it generated revenues of £2m in the year to June 2017. There is still £2.5m in the bank. Beaufort Securities has been appointed joint broker.
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