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Boab Metals Limited (ASX:BML)

ALERT: Price-sensitive ASX Announcement for BML
Current share price for BML : $0.410 -0.01 (-2.38%)+
Announcement
Release
26 May 2026 9:35AM
Price at Release
$0.420
Full Release
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Summary
Boab Metals Limited, through its subsidiary Sorby Management Pty Ltd, has entered into an engineering, procurement, and construction (EPC) contract with GR Engineering Services Limited for the Sorby Hills Silver-Lead Project in Western Australia. The project involves relocating and refurbishing the existing DeGrussa processing facility to meet Boab Metals' specifications. The contract, valued at $109 million, will commence with early engineering works and ordering of long lead items, and mobilization of construction teams is expected in the upcoming weeks. GR Engineering expressed commitment to delivering the project based on its strong track record in the Australian minerals sector.
Key Points
  • Boab Metals Limited's subsidiary Sorby Management Pty Ltd executes EPC contract.
  • GR Engineering Services Limited is the contractor for Sorby Hills Silver-Lead Project.
  • Project includes relocation and refurbishment of DeGrussa processing facility.
  • Contract value is $109 million.
  • Early engineering works and ordering of long lead items have commenced.
  • Construction teams to be mobilized soon.
  • GR Engineering focuses on safe and collaborative project execution.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.