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RBR Group Ltd ( (AU:RBR) ) has provided an update.
RBR Group Limited has noted the approval of a nearly US$5 billion loan by the US Export-Import Bank for the Mozambique LNG Project, operated by TotalEnergies. This development is expected to revitalize the project, positioning Mozambique as a significant LNG producer. The company is well-positioned to capitalize on the renewed activity, with its operations in Mozambique aligned with the anticipated increase in development and contracting opportunities in the LNG sector.
More about RBR Group Ltd
RBR Group Limited operates in the skilled labor provision industry, focusing on delivering labor, camp construction, and training services, particularly in the energy sector.
Current Market Cap: A$3.12M
Learn more about RBR stock on TipRanks’ Stock Analysis page.