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GR Engineering Secures $75.1 Million Contract for King of the Hills Upgrade

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GR Engineering Secures $75.1 Million Contract for King of the Hills Upgrade

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Red 5 Limited ( (AU:VAU) ) has issued an announcement.

GR Engineering Services Limited, a prominent player in the engineering and construction industry, has secured an EPC contract with Greenstone Resources, a subsidiary of Vault Minerals Limited, to upgrade the King of the Hills Operations in Western Australia. This $75.1 million project involves enhancing both the dry and wet processing plants, showcasing GR Engineering’s expertise and reinforcing its strong position in the Western Australian gold sector.

More about Red 5 Limited

YTD Price Performance: 10.61%

Average Trading Volume: 18,290,544

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$2.48B

Learn more about VAU stock on TipRanks’ Stock Analysis page.

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