Australia's GR Engineering jumps on Yandi JV contract

GR Engineering Services

24/07/2026 02:41

** Shares of Australia's GR Engineering GNG.AX gain as much as 3.5% to A$5.590, their highest since June 23
** Stock has gained 10.6% so far this week, set for best week since the week ended March 29
** Engineering consulting firm says it executed an engineering, procurement and construction contract with BHP Iron Ore for the Yandi joint venture
** The contract sum is A$229.5 million ($160.08 million)
** GNG up 24% YTD

($1 = 1.4337 Australian dollars)

 (Reporting by Keshav Singh Chundawat in Bengaluru)
 ((Keshav.singhchundawat@thomsonreuters.com))