GR Engineering Services Secures Nearly AU$230 Million Deal With BHP Unit

MT Newswires Live08:03

GR Engineering Services (ASX:GNG) secured an engineering, procurement, and construction contract worth AU$229.5 million with BHP Iron Ore, a BHP Group (ASX:BHP) subsidiary, as agent for the participants in the Yandi joint venture, according to a Friday filing with the Australian bourse.

The contract relates to works on the Yandi eastern front-end facility upgrade, part of the Ministers North project in Western Australia, the filing said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment