SciDev Secures $19.5m Rum Jungle Contract

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Stock Scidev Ltd (SDV.ASX)
Release Time 3 Nov 2025, 11:19 a.m.
Price Sensitive Yes
 SciDev Secures $19.5m Rum Jungle Contract
Key Points
  • Awarded $19.5m contract to design and construct a 30L/sec groundwater treatment plant
  • Part of the Rum Jungle Rehabilitation Project, one of Australia's largest environmental remediation undertakings
  • Contract includes 15-year operation and maintenance program
Full Summary

SciDev Ltd (ASX:SDV) has been awarded the design and construction of the Groundwater Treatment Plant Package by McMahon Services Australia (NT) Pty Ltd for the Department of Mining and Energy's Rum Jungle Rehabilitation Project, located just south of Darwin in Batchelor. The contract, valued at approximately $19.5 million, covers the design and construction of a 30-litre-per-second multi-stage groundwater treatment plant to treat contaminated groundwater from legacy uranium mining at the former Rum Jungle Mine. As one of Australia's most significant environmental remediation undertakings, the project will rehabilitate the former Rum Jungle Uranium Mines - paving the way for the lands return to its Traditional Owners, the Kungarakan and Warai peoples. The rehabilitation work will treat mine pit water and groundwater, building on past efforts and applying industry-leading methods to halt acid metalliferous drainage, isolate radiological hazards, and reconstruct stable, enduring landforms. The project works will commence immediately, with completion targeted for 4th September 2026. The contract also includes an option for a two-year extension covering the initial resourced operation and maintenance (O&M) of the plant. SciDev is well positioned to deliver the complete 15-year O&M program.

Guidance

The contract is valued at approximately $19.5 million and covers the design and construction of a 30-litre-per-second multi-stage groundwater treatment plant.

Outlook

SciDev is well positioned to support McMahon Services and the NT Government in operating and maintaining the treatment plant over the coming 15 years.