IT services provider Empired has won a five-year deal with Australian mining giant Rio Tinto.
The new IT supply contract consists of three initial years, plus two options of year-long renewals and will see the publicly listed provider supply services across existing and “newly defined” pillars.
Neither the value of the contract nor further details of the technologies provided have been disclosed to shareholders.
“We are very proud to partner with one of the most successful diversified mining companies in the world where together we have pioneered and delivered many world-class, technology solutions to Rio Tinto’s mining, processing and logistics operations across the globe,” the company told shareholders in a statement.
The deal will come as a welcome relief for Empired following last year’s $15.3 million loss due to having to write down $25 million worth of legacy software.
The Perth-headquartered company is now undergoing a “comprehensive review” to cut its overheads and capital investment in a bid to reduce its $14 million debt.
Earlier this year, Empired also lost out on a deal to provide infrastructure and systems services for Main Roads WA, which is expected to impact its revenue by $10 million for this current financial year.
Last week, Rio Tinto also awarded a contract to Swift Media to supply Wi-Fi access points for a number of mining sites in Western Australia.