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Ora Banda Mining Ltd (ASX:OBM)

ALERT: Price-sensitive ASX Announcement for OBM
Current share price for OBM : $1.050 -0.305 (-22.51%)+
Announcement
Release
18 May 2026 9:04AM
Price at Release
$1.355
Full Release
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Summary
GR Engineering Services Limited has been appointed as the preferred contractor by Ora Banda Mining Ltd for the engineering, procurement, and construction works of a 3.0 Mtpa Process Plant as part of the Davyhurst Expansion Project. Located 120 km northwest of Kalgoorlie, Western Australia, the project involves design, procurement, construction, installation, and commissioning activities valued at an estimated $233 million. An early works agreement has been executed, and the contract is expected to be finalized shortly.
Key Points
  • GR Engineering Services Limited appointed as preferred contractor by Ora Banda Mining Ltd
  • Project involves a 3.0 Mtpa Process Plant for the Davyhurst Expansion Project
  • Located 120 km northwest of Kalgoorlie, Western Australia
  • Scope includes design, procurement, construction, installation, and commissioning
  • Estimated contract value is $233 million
  • Early works agreement executed with EPC contract expected soon
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.