GNG Price sensitive 26 May 2026, 9:35 AM

Boab Metals Executes EPC Contract for Sorby Hills

GR Engineering Services Ltd

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.

Summary generated by a large language model. Please interpret with care.

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