GNG.ASX: Boab Metals Executes EPC Contract for Sorby Hills

Boab Metals Executes EPC Contract for Sorby Hills

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

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Boab Metals Executes EPC Contract for Sorby Hills

Key Points

EPC contract executed with GR Engineering for Sorby Hills processing plant.
Scope includes disassembly, refurbishment, and relocation of DeGrussa processing facility.
Contract sum is $109 million.

Full Summary

Boab Metals Limited (ASX: BML) has announced the execution of an engineering, procurement, and construction (EPC) contract with GR Engineering Services Limited (ASX: GNG) for the Sorby Hills Silver-Lead Project in Western Australia. The contract involves the disassembly, refurbishment, and relocation of the existing DeGrussa processing facility to Sorby Hills, where it will be re-constructed and commissioned. The total contract value is $109 million. Early engineering works and ordering of long lead items have commenced, with construction teams set to mobilize in the coming weeks. On-site development activities are progressing, and the schedule remains on track for the commencement of commercial concentrate production in the second half of 2027.

Guidance

Contract sum is $109 million.

Outlook

Construction to commence soon, with production expected in H2 2027.