Wetar Copper Project Expansion EPCM Contract

Company News

GR Engineering (ASX.GNG) (GR Engineering) is pleased to announce that it has been awarded a contract by PT Batutua Tembaga Raya, a subsidiary of Finders Resources Limited (FND.ASX) (Finders) for the provision of engineering, procurement and construction management (EPCM) services for the Wetar Copper Project expansion (Project) on Wetar Island in Indonesia (Contract).

Work under the Contract involves the provision of EPCM services for the process engineering design, procurement and construction management of a 25,000tpa processing plant and associated infrastructure for the Project. GR Engineering will commence work immediately, with the services expected to be completed early in the second half of FY16. The Contract sum is approximately US$8.8 million (A$10.3 million).

GR Engineering’s Managing Director, Mr Geoff Jones said:

“The award of this EPCM contract demonstrates the continued success of GR Engineering’s strategy to diversify its service offering and expand its geographic reach. GR Engineering looks forward to working with Finders to deliver positive outcomes in all areas of the Project’s delivery.”

To read more about the Wetar Island Copper Project, click here.