Australia's EVZ jumps most in 2 weeks on contract wins

EVZ

07/01/2025 24:22

** Shares of EVZ  EVZ.AX  rise as much as 6.7% to A$0.160, their biggest intraday pct gain
since Dec. 23
    ** Engineering firm's unit lands two energy and resources contracts, worth A$28.5 mln
($17.79 mln), for the Hastings Fuel Terminal Expansion and the Eneabba Rare Earths Refinery
Project
    ** Says work on both projects is set to commence immediately, with completion expected in
2026
    ** Stock fell 8.6% last year 

($1 = 1.6021 Australian dollars)

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com))