Austin Engineering Secures First Order for Truck Trays in India

MT Newswires Live
2024-12-16

Austin Engineering (ASX: ANG) received its first order for truck trays in India from an unnamed iron ore producer, according to a Monday filing with the Australian bourse.

The order is for 17 Ultima truck trays valued at AU$2.7 million to be delivered in March 2025 as part of a four-year replacement program, the filing said.

The company expects further orders as the customer progresses with its fleet replacement initiative.

Shares of the company rose almost 2% in recent Monday trade.

Price (AUD): $0.52, Change: $+0.01, Percent Change: +1.98%

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