Australia's RBR rises as unit secures first Mozambique LNG contract since force majeure lifted

RBR

28/10/2026 24:29

** Shares of RBR RBR.AX rise as much as 53.3% to A$0.023, their highest since April 8
** Stock logs its largest intraday pct gain since February 2
** Training and staffing solution provider secures first contract award at Mozambique’s LNG projects since Force Majeure was lifted
** Co's subsidiary Projectos Dinamicos Lda is awarded contract for the construction of worker accommodation modules as subcontractor to Exxon's Rovuma LNG
** Company says subsidiary is awarded $2 million of around $7 million contract
** YTD, stock down 10.5%


 (Reporting by Tejas Harish in Bengaluru)
 ((tejas.harish@thomsonreuters.com;))