Xstrata Copper Signs Global ERP/EAM Software and Services Deal with Mincom

Brisbane, 16 October, 2007 - Mincom, a leading global software and services provider to asset intensive industries, today announced it has signed a multi-million dollar global enterprise software agreement with Xstrata Copper, a commodity business unit within the global diversified mining group Xstrata plc, the 5th largest mining company in the world. Under the global enterprise agreement, Mincom will provide Xstrata Copper with an end-to-end integrated mining solution to increase production and reduce operating costs by providing tools to better plan and control all areas of the organisation.

The use of open platform technologies and industry standard tools will enable Xstrata Copper to lower lifecycle costs, provide a clear upgrade path, and flexibility to migrate to emerging technologies. By standardising on Mincom's Enterprise Asset Management (EAM) and Intelligent Mining Solutions platform, Xstrata Copper is provided with solutions for key processes in the mining value chain, from mine planning, quality management and the associated laboratory processes through to outbound logistics and the sales processes involved in the final saleable product.

Mincom solutions provided include Mincom Ellipse, Mincom MineMarket, Mincom Axis, Mincom CCLAS and Mincom LinkOne.

Richard Mathews, CEO of Mincom, said, "This is a significant win for Mincom as it deepens our presence in the global mining industry. As Xstrata Copper continues to expand its global operations, it is critical for them to partner with an organisation that understands technology as it relates to the mining industry and has a thorough understanding of a mining company's global business model."

The Mincom Enterprise Mining Solution will provide visibility across Xstrata Copper locations to create a single, integrated business-wide solution while providing a platform for growth and expansion. The solution will increase its asset utilisation, reduce operating costs, help it to meet regulatory standards for audit compliance, ensure supply chain availability and visibility, allocate skilled resources appropriately, and mitigate risk.

John Coldham, General Manager of Business Integration for Xstrata Copper, said, "As we continue to grow and increase efficiencies within our business through operational excellence in the management of our assets, integrating business processes across our divisions in an enterprise-wide solution is a key focus for Xstrata Copper. With Mincom, we also have the opportunity to actively engage in product roadmap, product design and release schedules which can be deployed globally."

Xstrata Copper is headquartered in Brisbane, Australia, with regional offices in Antofagasta and Santiago, Chile; Lima and Arequipa, Peru; Buenos Aires, Argentina; and Toronto, Canada. It employs more than 15,000 people and has rapidly become a major global copper producer, with annual managed production of over one million tonnes of copper and substantial further growth potential.

Mincom solutions provided include:

Mincom Ellipse, the core of the Mincom Enterprise Mining Solution, is modular, fully integrated, and provides extensive functionality for Materials/Supply Chain and Maintenance Management, as well as world-class Financial and Human Resources functionality. The solution provides real time visibility of operational and financial metrics across the organisation, enabling them to make proactive management decisions. With a single central repository of all information and limited interfaces, Mincom Ellipse supports complete data integrity and real time reporting.

Mincom's Mining Solution encompasses all aspects of the core business of mining with additional products that address the complete mining process:

Mincom MineMarket: Manages quality, product logistics and sales with excellent tools to manage typical mining complexities such as concentrate and final products.

Mincom LinkOne: A graphical parts book and service manual that has become an industry standard for mining.

Mincom Axis: A business-to-business tool to exchange any business document with organisations' vendors, suppliers and partners.

Mincom Ellipse Reporting (MER): Powered by Business Objects, MER is fully integrated with Mincom Ellipse but can also be extended to serve as a complete reporting tool across the enterprise.

About Mincom

Mincom Limited is an international company based in Brisbane, Australia, with more than 25 years experience in providing business solutions to asset intensive industries such as mining, utilities, transport, defence and government in more than 40 countries. The company has more than 1,250 staff in 19 offices across Australia, North America, South America, South East Asia, Africa, and Europe. For more information about Mincom, visit: www.mincom.com.

For further information:

Meredith Bird
Mincom Limited
Ph: (07) 3303 3418
Mobile: +61 434 076 160

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