BUZZ-Australia's EVZ jumps most in 2 weeks on contract wins

Reuters
2025/01/07
BUZZ-Australia's EVZ jumps most in 2 weeks on contract wins

** Shares of EVZ EVZ.AX rise as much as 6.7% to A$0.160, their biggest intraday pct gain since Dec. 23

** Engineering firm's unit lands two energy and resources contracts, worth A$28.5 mln ($17.79 mln), for the Hastings Fuel Terminal Expansion and the Eneabba Rare Earths Refinery Project

** Says work on both projects is set to commence immediately, with completion expected in 2026

** Stock fell 8.6% last year

($1 = 1.6021 Australian dollars)

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com))

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