GNG.ASX: EPC Contract - Sorby Hills Silver-Lead Project

EPC Contract - Sorby Hills Silver-Lead Project

Stock	GR Engineering Services Ltd (GNG.ASX)
Release Time	26 May 2026, 9:35 a.m.
Price Sensitive	Yes

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GR Engineering Awarded EPC Contract for Sorby Hills Project

Key Points

GR Engineering awarded EPC contract by Sorby Management
Project involves DeGrussa facility relocation and refurbishment
Contract sum of $109 million, work to commence soon

Full Summary

GR Engineering Services Limited (ASX: GNG) has announced the execution of an engineering, procurement, and construction (EPC) contract with Sorby Management Pty Ltd, a subsidiary of Boab Metals Limited (ASX: BML), for the Sorby Hills Silver-Lead Project. The project entails the disassembly, refurbishment, and relocation of the existing DeGrussa processing facility to Sorby Hills, where it will be redesigned, reconstructed, and commissioned to meet Boab Metals' requirements. The contract value is $109 million, with early engineering works and long lead items already underway. Construction teams will be mobilized to the sites in the coming weeks.

Guidance

Contract sum of $109 million for Sorby Hills Silver-Lead Project

Outlook

GR Engineering anticipates continued involvement in regional projects, leveraging its track record of successful outcomes.