De.mem reported the signing of an important 3-year service contract with Rio Tinto. The new 3-year service contract effectively is a long-term extension of an existing arrangement with Rio Tinto, to manage the potable water and sewage treatment plants at the Amrun mine in Queensland, Australia. De.mem has been operating the water treatment facilities since 2016, based on short term, revolving contracts and purchase orders respectively.

This new agreement gives certainty to the business for another 3 years, beginning from July 2022. The 3-year agreement has a value of approx. $1.7 million in revenues.

Additional revenue can be secured from the cross sell of additional equipment, specialty chemicals and other consumables. Rio Tinto's Amrun mine operates on Queensland's Cape York Peninsula.