Saunders Secures $19.8m Resources & Industrials Contract

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Stock Saunders International Ltd (SND.ASX)
Release Time 17 Oct 2025, 9:43 a.m.
Price Sensitive Yes
 Saunders Secures $19.8m Resources & Industrials Contract
Key Points
  • Awarded $19.8 million contract by PARC Engineering
  • Contract to construct 11 tanks in Northern Territory
  • Strengthens Saunders' position in the resources sector
  • Follows secured leach train projects with Northern Star Resources and Primero
Full Summary

Saunders International Limited (ASX:SND) has announced that it has been awarded a $19.8 million contract by PARC Engineering to construct 11 tanks in the Northern Territory. The contract strengthens Saunders' position in the resources sector and builds on its extensive experience in design and construction in the mining sector. It follows a series of secured leach train projects currently in delivery with Northern Star Resources and Primero at the Kalgoorlie Consolidated Gold Mine (KCGM). Saunders' Managing Director and Chief Executive Officer Angelo De Angelis stated that the company is excited to support PARC Engineering through this important project, as the resources industry has been a strong source of growth for Saunders. Saunders has developed a strong reputation for rapid mobilisation in remote locations, collaborative project management with clients and partners, and an unwavering commitment to workplace safety. This contract win reflects Saunders' ongoing success in diversifying its portfolio and delivering critical infrastructure across multiple industries. The project will commence immediately and will contribute to Saunders' revenue and earnings in FY26 and FY27.

Guidance

The $19.8 million contract will contribute to Saunders' revenue and earnings in FY26 and FY27.