Business
The K2fly (ASX:K2F) share price is soaring today. Here’s why
The K2Fly Ltd (ASX: K2F) share price is climbing higher today after the company announced it has signed a new contract with Alcoa USA Corp (Alcoa).
At the time of writing, the K2fly share price is up 4.6% to an intraday high of 34 cents.
Why is the K2fly share price higher?
In today’s release, K2fly advised that international mining giant Alcoa has entered into a 5-year contact for its RCubed Resource Inventory solution. The agreement will see the Software-as-a-Service (SaaS) offering rolled-out across Alcoa’s 6 international sites from the beginning of February.
Alcoa is based in Pittsburgh, Pennsylvania and specialises in the production of bauxite, alumina, and aluminium. With 7 active mines in Australia, Brazil, Guinea and…
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