Empired wins $20m Rio contract
Shares in Empired were higher after the IT services company won a $20 million Rio Tinto contract.
Under the terms of the contract, Empired will provide application managed services and project services over a three-year period with two one-year extension options.
Managing director Russell Baskerville said Empired was delighted to be trusted by an organisation as prestigious as Rio Tinto to manage applications that were critical to the efficient operation of one of the world’s largest mining operations.
The company said it continued to have a strong pipeline of large strategic contracts in advanced stages of negotiation and was confident of securing additional new contract wins to be announced in the near term.
Empired shares were up half a cent to 83.5 cents at 9.45am after hitting an earlier peak of 87 cents.
