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The latest update is out from GR Engineering Services Ltd ( (AU:GNG) ).
GR Engineering Services Limited has secured a $79 million contract variation for the Stage 2 Upgrade of the King of the Hills Operations in Western Australia, in partnership with Greenstone Resources, a subsidiary of Vault Minerals Limited. This upgrade will enhance the processing plant’s capacity to 7.5 million tonnes per annum, reflecting confidence in GR Engineering’s capabilities and reinforcing its position in the mining services industry.
More about GR Engineering Services Ltd
GR Engineering Services Limited operates in the engineering sector, providing engineering, procurement, and construction services. The company focuses on delivering projects in the resources industry, particularly in mining operations.
Average Trading Volume: 156,041
Technical Sentiment Signal: Buy
Current Market Cap: A$461.9M
For detailed information about GNG stock, go to TipRanks’ Stock Analysis page.