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Duratec Limited (ASX:DUR)

ALERT: Price-sensitive ASX Announcement for DUR
Current share price for DUR : $2.315 -0.355 (-13.30%)+
Announcement
Release
6 May 2026 8:15AM
Price at Release
$2.670
Full Release
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Summary
Duratec Limited has been awarded a $68 million sub-contract by the Clough BMD Joint Venture to undertake construction and commissioning works for the Darwin Ship Lift Facility, a significant infrastructure project led by the Northern Territory Government in Australia. The project aims to bolster Darwin as a key maritime services hub, enhancing capabilities to service and maintain vessels for various sectors including Defence and the Australian Border Force. The scope of Duratec's work includes building a Blast and Paint Facility and related infrastructure, with the project expected to commence in June 2026 and complete by mid to late 2027.
Key Points
  • Duratec Limited awarded a $68M sub-contract by Clough BMD JV.
  • Project involved is the Darwin Ship Lift Facility in Northern Territory.
  • Construction to begin in June 2026, completion by mid to late 2027.
  • Facility to support Defence, Australian Border Force, and commercial sectors.
  • Duratec to construct a Blast and Paint Facility and associated infrastructure.
  • Project aligns with Duratec's strategic focus on Defence and Marine sectors.
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.