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I’m excited to share the news that Triple Point has announced its acquisition of QMASTOR. QMASTOR is the premier provider of software solutions to manage the tonnage, quality, and value of coal and mineral supply chains from “pit” to the point of export, refining operations, or consumption. As the Australian-based company says itself, their solutions help deliver “the right bulk material in the right place at the right time and at the right cost.”
Consistent with Triple Point’s previous acquisitions (Energy Crossroads, TradeWell Systems, CoralGrid, INSSINC, ROME, Softmar, and Enerbility), the acquisition of QMASTOR is completely complementary to the rest of the Triple Point product set. Triple Point’s vision has always been to provide organizations a comprehensive solution to more efficiently and profitably manage the complete commodity value chain from production to consumption.
With QMASTOR’s flagship product, Pit to Port, we are now able to offer bulk commodity-specific functionality from one end of the supply chain (e.g., the mining pit) to the other (e.g., the power generation plant) for coal and other minerals. QMASTOR’s clients are some of the most prominent natural resource companies in the world and include BHP Billiton, Rio Tinto, Vale, Anglo American, Xstrata, and Peabody Energy.