Achievement of Final Investment Decision for West Musgrave Project

Company News

GR Engineering Services Limited (ASX: GNG) (GR Engineering) is pleased to announced that OZ Minerals Limited (ASX: OZL) (OZ Minerals) has achieved Final Investment Decision (FID) for the West Musgrave Project (the Project) located in Western Australia.

As previously announced in GR Engineering’s financial statements for the year ended 30 June 2022, GR Engineering has been assisting OZ Minerals with early engineering and design works for the Project, as well as supporting long lead procurement activities, prior to being awarded with the design and construction contracts for the Project.

GR Engineering’s proposed contracts and scopes contemplate a collaborative arrangement, where it will work closely with the OZ Mineral’s project team to ensure the Project’s success.

Commenting on the achievement of FID, Mr Geoff Jones, Managing Director stated that:

“GR Engineering has a longstanding relationship with OZ Minerals on this world-class project. GR Engineering has welcomed the opportunity to partner with OZ Minerals in bringing the Project to an advanced pre-execution phase and is committed to progressing its safe and successful delivery for OZ Minerals.”

Ends.

ASX Release


About GR Engineering

GR Engineering specialises in providing fixed price engineering design and construction services to the global resources and mineral processing industries. GR Engineering has a proven track record of delivering integrated project solutions in over 20 countries across all major commodity types. As a group, GR Engineering employs more than 600 professional, technical and support staff throughout Australia and internationally, in addition to a direct construction workforce and subcontracted personnel.

GR Engineering Services Limited is listed on the Australian Securities Exchange (ASX: GNG).

For further information please contact:

Geoff Jones

Managing Director

+61 8 6272 6000

geoff.jones@gres.com.au

Omesh Motiwalla

CFO & Company Secretary

+61 8 6272 6000

omesh.motiwalla@gres.com.au

Follow GR Engineering on LinkedIn.

Category: Company News