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

Boab Metals Executes EPC Contract for Sorby Hills

Stock	Boab Metals Ltd (BML.ASX)
Release Time	26 May 2026, 9:35 a.m.
Price Sensitive	Yes

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Boab Metals Announces EPC Contract for Sorby Hills

Key Points

EPC contract with GR Engineering for $109M
DeGrussa processing facility relocation
Commercial production expected in H2 2027

Full Summary

Boab Metals Limited (ASX: BML) has executed 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, valued at $109 million, involves the disassembly, refurbishment, and relocation of the DeGrussa processing facility to Sorby Hills. Early engineering works have started, with construction teams set to mobilize in the coming weeks. The project remains on track for commercial concentrate production in the second half of 2027, capitalizing on strong silver and lead market fundamentals.

Guidance

Commercial production expected in H2 2027

Outlook

Boab Metals anticipates strong silver and lead market fundamentals will support the project's success.