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
 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.