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Lycopodium Limited (ASX:LYL)

ALERT: Price-sensitive ASX Announcement for LYL
Current share price for LYL : $20.300 -2.37 (-10.45%)+
Announcement
Release
21 Sep 2026 8:17AM
Price at Release
$22.670
Full Release
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Summary
Lycopodium Limited announced that it has been awarded a A$49.4 million Engineering, Procurement and Construction Management (EPCM) contract for Greatland Resources Limited’s Havieron Project in Western Australia. Under the contract, Lycopodium will act as project delivery partner for the preproduction phase, providing project management, engineering, procurement, coordination of trade contractors and suppliers, project controls, and construction and commissioning management. The Havieron Project is a high-grade underground gold-copper deposit in the Paterson Province of the East Pilbara, about 45 kilometres east of Greatland’s Telfer gold-copper mine, and ore from Havieron is intended to be processed through Telfer’s existing infrastructure, including its two 10 Mtpa processing trains. Lycopodium said project delivery had already commenced following a Limited Notice of Award received in early June 2026, and management described Havieron as a world-class project that supports Greatland’s Telfer Hub strategy.
Key Points
  • Lycopodium was awarded the EPCM contract for Greatland Resources Limited’s Havieron Project in Western Australia.
  • The contract value is A$49.4 million.
  • Lycopodium’s scope covers the preproduction phase including project management, engineering, procurement, contractor and supplier coordination, project controls, and construction and commissioning management.
  • Havieron is a high-grade underground gold-copper deposit in the Paterson Province of the East Pilbara, around 45 kilometres east of the Telfer mine.
  • Greatland plans to use Telfer’s existing processing facility and infrastructure to process ore from Havieron.
  • Telfer is described as one of Australia’s largest gold processing facilities with two 10 Mtpa capacity trains.
  • Project delivery commenced after Lycopodium received a Limited Notice of Award in early June 2026.
  • Managing Director and CEO Peter De Leo said the award supports Greatland’s Telfer Hub 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.