GR Engineering Services Limited (ASX: GNG) (GR Engineering) is pleased to announce that it has been awarded a $155 million engineering, procurement and construction (EPC) contract with Evolution Mining Limited (ASX: EVN) (Evolution Mining) for the Mungari Growth Project - Process Plant (the Project) 20km west of Kalgoorlie in Western Australia.
The scope of work is to expand the existing Mungari process plant to an annual throughput of 4.2 Mtpa, including required changes to process plant buildings and associated infrastructure. Initial engineering design and procurement works have commenced with site works commencing min-January 2024.
Commenting on the award, Mr Tony Patrizi, Managing Director said:
"We are extremely pleased that Evolution Mining, one the world's leading tier one gold producers, has selected GR Engineering to deliver the Future Growth Project at Mungari. GR Engineering has a long track record of successful project delivery in the mineral processing sector. We see this contract award as a strong endorsement of GR Engineering's proven process design record and EPC delivery capability."
Evolution Mining's Managing Director and Chief Executive Officer, Mr Lawrie Conway, said:
"We are delighted to be partnering with GR Engineering on such a key project for Evolution. Completion of the plant expansion will enable Mungari to significantly increase gold production while reducing All-In Sustaining Cost by 18% to $1,750 per ounce and extending the site's mine life to 2038."
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 500 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:
Tony Patrizi
Managing Director
+61 8 6272 6000
tony.patrizi@gres.com.au
Omesh Motiwalla
CFO & Company Secretary
+61 8 6272 6000
omesh.motiwalla@gres.com.au
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