EPC Contract - Yitirrti Project

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Stock Develop Global Ltd (DVP.ASX)
Release Time 17 Aug 2026, 9:17 a.m.
Price Sensitive Yes
 GR Engineering Services Secures EPC Contract for Yitirrti Project
Key Points
  • GR Engineering awarded EPC contract for Yitirrti Project
  • Contract value is $275 million
  • Early works and long lead items ordering have commenced
Full Summary

GR Engineering Services Limited has announced the execution of an engineering, procurement, and construction (EPC) contract with Venturex Sulphur Springs Pty Ltd, a wholly owned subsidiary of Develop Global Limited, for the Yitirrti (formerly Sulphur Springs) Copper-Silver-Zinc Project. The contract value is $275 million, and early works and ordering of long lead items have already commenced. GR Engineering was previously announced as the Preferred Contractor for the project on 10 June 2026. This contract further solidifies GR Engineering's position as a leading EPC contractor in Australia.

Outlook

GR Engineering expects the project to enhance its reputation in the minerals processing sector.