Trading division of sensor systems provider Transense Technologies, Translogik has secured a contract to supply its iTrack mining tyre monitoring systems to BHP Billiton.
Under the terms of the contract, Translogik will provide its sensor technology to the entire fleet of 46 large haul trucks at BHP's Spence copper mine in Chile.
iTrack systems will be delivered using a new rental pricing scheme, which has been introduced as a new option for potential customers.
For every vehicle fitted with iTrack, Translogik will receive ongoing monthly payments, as per the agreement.
Translogik's newly formed Chilean company in Antofagasta will support the latest deployment.
Transense CEO Graham Storey said: "We are delighted to be adding BHP Billiton to our growing list of major mining clients for iTrack.
"The new rental model is now beginning to generate a meaningful and growing ongoing revenue stream."
Translogik in Chile technical sales manager Juan Luis Carmona said: "We are delighted that iTrack has been selected as the preferred solution for BHP Billiton's Spence mine fleet against competing tyre temperature and pressure monitoring systems.
"BHP Billiton have several large mine fleets in the region and we are hopeful that the productivity and safety benefits provided by having real-time tyre data will open up further opportunities for us."
More than 2,000 large haul trucks are currently operating in Chile, which is said to be a key market for iTrack.
Located 1,700m above sea level in the Atacama Desert in northern Chile, the Spence copper cathode project is close to the mining town of Sierra Gorda, 50km south-west of Calama and 150km north-east of Antofagasta.