GR Engineering Secures EPC Contract with Brightstar
Key points
- GR Engineering awarded EPC contract by Brightstar Resources for Laverton Processing Plant
- Contract sum totals $110 million
- GR Engineering to enhance its reputation as a leading EPC contractor in Australia
Full summary
GR Engineering Services Limited (ASX: GNG) has announced the execution of an engineering, procurement, and construction (EPC) contract with Brightstar Resources Limited (ASX: BTR) for the Laverton Processing Plant. The contract, which was awarded following GR Engineering's appointment as the Preferred Contractor, includes a contract sum of $110 million. This project is expected to bolster GR Engineering's standing as a leading EPC contractor in Australia, with early works and long lead item ordering already underway.
Guidance
GR Engineering's contract sum for the Laverton Processing Plant is $110 million.
Outlook
GR Engineering expects the Laverton Processing Plant project to enhance its reputation and contracted pipeline of work.
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