GR Engineering Services Secures EPC Contract for Yitirrti Project
Key points
- GR Engineering Services Ltd (ASX:GNG) awarded EPC contract
- Contract value is $275 million
- Project involves 1.5 Mtpa Copper-Silver-Zinc mine
- Contract awarded to Venturex Sulphur Springs Pty Ltd
Full summary
GR Engineering Services Limited (ASX:GNG) has announced the execution of an engineering, procurement, and construction (EPC) contract with Venturex Sulphur Springs Pty Ltd, a subsidiary of Develop Global Limited (ASX:DVP), for the Yitirrti (formerly Sulphur Springs) Copper-Silver-Zinc Project. The contract value is $275 million and marks GR Engineering's continued collaboration with the Develop team. This project is expected to enhance GR Engineering's reputation as a leading minerals processing EPC contractor in Australia.
Guidance
EPC contract value: $275 million
Outlook
GR Engineering expects this project to further solidify its position as a leading EPC contractor in Australia.
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