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GR Engineering Services Limited (ASX:GNG)

ALERT: Price-sensitive ASX Announcement for GNG
Current share price for GNG : $5.700 0.19 (3.45%)+
Announcement
Release
10 Jun 2026 8:46AM
Price at Release
$5.510
Full Release
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Summary
GR Engineering Services Limited has been appointed as the preferred contractor by Venturex Sulphur Springs Pty Ltd, a subsidiary of Develop Global Limited, for the Sulphur Springs Copper-Silver-Zinc Project in Western Australia. The project involves an engineering, procurement, and construction (EPC) contract valued at approximately A$295 million. An early works agreement has been executed, and the EPC contract is expected to be finalized soon. GR Engineering's appointment follows their successful project delivery history, including the Woodlawn Copper-Zinc Project.
Key Points
  • Appointment as preferred contractor for Sulphur Springs Project
  • Project located southeast of Port Hedland, Western Australia
  • Contract value estimated at A$295 million
  • Early works agreement executed
  • Engineering and procurement underway
  • EPC contract to be executed shortly
  • Successful track record with Woodlawn Copper-Zinc Project
  • Part of Develop's growth strategy
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.