Industrea Limited has announced a $5.4 million contract to supply its CAS-CAM/RF collision avoidance system to BHP Billiton Mitsubishi Alliance (BMA).
The supply and service agreement, negotiated by Industrea’s wholly owned subsidiary, Advanced Mining Technologies (AMT), lifts new contracts secured by the company in the 2009 Financial Year to over $107 million.
Due for delivery and payment before the end of the 2009 financial year, the system will be installed as part of an ongoing program through financial year 2010.
Industrea Managing Director and CEO, Robin Levison, said the contract followed a successful pilot program for the complete CAS-CAM/RF system at the BMA Gregory Crinum Mine and previous camera-only installations at other BMA mines.
“AMT’s Collision Avoidance System (CAS-CAM/RF) uses a combination of blind spot cameras (CAS-CAM) and Radio Frequency (RF) Proximity Detection technologies to effectively reduce the risk of collision between Earth Moving Equipment and Light Vehicles,” Levison said.
“Our CAS-CAM/RF solution is a key element of Industrea’s stable of products and services to improve mine safety and productivity.
“This latest contract not only delivers additional revenue for the 2009 financial year, it is indicative of the strength of our order book for the 2010 fiscal year and beyond.”
According to the company, despite falling production levels at some mines, the demand for safety products and services remains for many companies, a priority, non-discretionary area of capital investment.