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DEVELOP GLOBAL LIMITED — Capital/Financing Update 2024
Sep 19, 2024
64801_rns_2024-09-19_434ae319-5870-4295-af22-c25250505f95.pdf
Capital/Financing Update
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ASX RELEASE
20 September 2024
For immediate release to the market
Design and Construct Contract – Woodlawn Restart Project
GR Engineering Services Limited (ASX:GNG) (GR Engineering) is pleased to announce that it has been awarded a Design and Construct contract with Develop Global Limited (ASX:DVP) (Develop) for the Woodlawn Restart Project (the Project).
Woodlawn is primarily a copper-zinc mine located in the Lachlan Ford belt in New South Wales, 250km south-west of Sydney and 40km south of Goulburn.
The contract value is $25.7 million and the scope of work includes the refurbishment flowsheet and operability improvements of the existing process plant and associated infrastructure. The Project is expected to be completed in the second half of FY25.
Commenting on the award, Mr Tony Patrizi, Managing Director said:
“We are pleased to have been engaged by Develop to play an important role on the Woodlawn Restart Project. We look forward to continuing to work collaboratively with Develop to deliver a safe and successful outcome for this project and to assist them with their future growth plans.”
Ends.
For further information please contact:
Tony Patrizi
Managing Director +61 8 6272 6000 [email protected]
Omesh Motiwalla
CFO & Company Secretary +61 8 6272 6000
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GR ENGINEERING SERVICES LIMITED ABN 12 121 542 738 Tel: +61 8 6272 6000 Fax: +61 8 6272 6001 Email: [email protected] Website: www.gres.com.au PO Box 258, Belmont WA 6984 71 Daly Street, Ascot WA 6104