Australia's GR Engineering hits record on construction contract
26/05/2026 06:03
** GR Engineering Services GNG.AX surges up to 6.91%, scaling a record high of A$5.57 ** Construction firm's stock is set for its strongest gain in nearly eight weeks and on track to extend its rally into a fourth straight session ** Co says it has clinched a A$109 million engineering, procurement and construction contract with miner Boab Metals' BML.AX unit for the Sorby Hills Silver-Lead Project in Western Australia ** Scope covers dismantling, refurbishing and relocating the DeGrussa plant to Sorby Hills, where it will be redesigned, rebuilt, and commissioned to meet BML’s specifications - Co ** GNG stands firmly ahead YTD, surging 25.2% in sharp contrast to BML’s 13.4% decline (Reporting by Kumar Tanishk in Bengaluru) ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))
Recent news on GR Engineering Services
See all newsAustralia's Ora Banda Mining surges on new gold project contract
Brief: GR Engineering Services Executes EPC Contract With Ora Banda For Davyhurst Expansion Project
Brief: GR Engineering Services Announces Appointment As Preferred Contractor For Sulphur Springs Copper-Silver-Zinc Project
Australia's GR Engineering hits record on construction contract
Brief: GR Engineering Services Executes EPC Contract With Brightstar For Laverton Processing Plant