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DURATEC LIMITED Capital/Financing Update 2024

Oct 10, 2024

64799_rns_2024-10-10_377a7037-c41a-416d-a1d5-84763f617b3a.pdf

Capital/Financing Update

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11 October 2024

DURATEC SECURES MINING & INDUSTRIAL SECTOR PROJECT

HIGHLIGHT

  • Duratec awarded $44M structural integrity project for Rio Tinto under an existing Master Services Agreement

Duratec Limited (ASX: DUR ) has been awarded the Tom Price High Grade Screen House (HGSH) Structural Integrity Project at Rio Tinto’s Tom Price mine site in the Pilbara Region of Western Australia.

The project, which was awarded under an existing Master Services Agreement, involves the installation of strengthening steelwork in the HGSH at the ore handling facility. Works are scheduled to commence in January 2025 with anticipated completion in late 2026.

Duratec Managing Director, Chris Oates, commented:

“This project represents another key milestone in Duratec’s business strategy. Duratec has a long history in delivering large asset remediation projects for the Mining & Industrial sector. We have an experienced and wellprepared team and look forward to delivering this project to the highest quality standard.”

Authorised for release to the ASX by Chris Oates, Managing Director.

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Contact

Ollie McKeon Executive Manager – Corporate, Strategy & Investor Relations Duratec Limited [email protected]

About Duratec Limited

Duratec Limited (ASX: DUR) is a leading Australian contractor providing assessment, protection, remediation, and refurbishment services to a broad range of assets and infrastructure. The Company’s multi-disciplined capabilities combine engineering experience with project delivery expertise and use a range of in-house assessment technologies, including 3D capture and modelling technology with predictive analysis tools. Headquartered in Wangara, Western Australia, Duratec has 20 branches around the country in capital cities and regional centres, delivering services across multiple sectors including Defence, Commercial Buildings & Facades, Infrastructure (Water, Transport & Marine), Mining & Industrial, Power and Energy.

Please visit www.duratec.com.au for further information.

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Duratec Limited ABN 94 141 614 075 ASX code: DUR

108 Motivation Drive, Wangara WA 6065 08 6206 6900 [email protected] duratec.com.au