Ora Banda Mining Enters AU$233 Million EPC Contract With GR Engineering for Western Australia Project; Shares Up 9%
MT Newswires Live
Jun 15
Ora Banda Mining (ASX:OBM) entered into a AU$233 million engineering, procurement, and construction (EPC) contract with GR Engineering Services (ASX:GNG) to deliver a 3 million tonnes per annum processing plant at Ora Banda Mining's Davyhurst Mill Expansion Project in Western Australia, according to a Monday Australian bourse filing.
The project began with earthworks in late May and is now advancing into the construction and delivery phase of the expanded processing facility, the filing added.
Ora Banda Mining's shares rose past 9% in recent Monday trade, while GR Engineering Services gained 2%.
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