Verbrec Ltd ( (AU:VBC) ) has provided an update.
Verbrec Limited has announced a Software Reseller Agreement with Datamine for its digital twin product, StacksOn, which will allow Datamine to distribute StacksOn globally. This agreement is expected to enhance Verbrec’s market reach by leveraging Datamine’s established international customer base, potentially increasing the adoption of StacksOn in mining operations worldwide. The collaboration aims to introduce efficiencies and productivity improvements to mining operations, building on StacksOn’s success with existing clients like BHP in Australia.
More about Verbrec Ltd
Verbrec Limited is a leading engineering, asset management, project delivery, operations & maintenance, training, and mining technology service provider. The company supports customers across Australia, New Zealand, Papua New Guinea, and beyond, serving the energy, infrastructure, and mining industries. Verbrec’s technical specialties include asset management, automation and control, pipelines, power, process plant, and training, with capabilities spanning the entire life cycle of an asset.
YTD Price Performance: -61.67%
Technical Sentiment Signal: Buy
Current Market Cap: €13.93M
Learn more about VBC stock on TipRanks’ Stock Analysis page.