Tumas Civil and Concrete Construction Contracts Awarded
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| Stock | Deep Yellow Ltd (DYL.ASX) |
|---|---|
| Release Time | 20 Jul 2026, 8:21 a.m. |
| Price Sensitive | Yes |
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Deep Yellow Awards Major Contracts for Tumas Project
Key Points
- Two major contracts awarded for Tumas Project in Namibia
- Total contract value approximately A$34 million
- Contracts awarded to 100% Namibian-owned contractors
Full Summary
Deep Yellow Limited announced the award of two major civil and concrete construction contracts for its Tumas Project in Namibia. The contracts, valued at approximately A$34 million, were awarded following a competitive tender process. They include work packages for processing plant concrete, precast infrastructure, and Run-of-Mine retaining structures. The contracts were awarded to Namibian-owned contractors, reinforcing Deep Yellow's commitment to local content and supporting in-country capability. Mobilisation is scheduled for August 2026, with sequential handover to reduce future execution risk while preserving project development flexibility.
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