K2fly Limited (ASX: K2F) has announced the completion of SATEVA business integration. The company launched the Model Manager from SATEVA today. It is now demonstrating this solution to the significant mining companies globally and also to the existing RCubed customers. SATEVA automated Ore Blocker has begun trials at a major iron ore producer.
Global Tailings Standard (GTS) which was released earlier this year is now ready to be implemented by the companies dealing with Environmental, Social and Governance (ESG) issue of tailings management. Companies that can demonstrate effective tailings governance may be able to: dramatically reduce their insurance premium, curb cost of implementing new GST, reduce ESG risk, and can improve their stakeholder relations with local communities.