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GR Engineering Services (ASX: $GNG) awarded $71 million EPC contract for Kathleen Valley Lithium Backfill Project

GR Engineering Services EPC Contract Announcement


GR Engineering Services Limited (ASX: $GNG) has secured an engineering, procurement and construction (EPC) contract worth $71 million with LRL (Aust) Pty Ltd, a subsidiary of Liontown Resources Limited (ASX: $LTR), for the Kathleen Valley Lithium Backfill Project. The project involves the construction of two paste plants to produce paste fill for use in Liontown's underground operations, located approximately 60km north of Leinster and 680km northeast of Perth, Western Australia.

Executive Commentary on Contract Award


We are pleased to have been engaged by Liontown to play an important role in the delivery of the world class Kathleen Valley Lithium Project. We see this contract award as a strong endorsement of GR Engineering's proven process design record and EPC delivery capability. We look forward to continue working with the Liontown team on the successful and safe delivery of this project.

Summary of EPC Contract and Project Scope


GR Engineering Services Limited (ASX: $GNG) has been awarded a $71 million engineering, procurement and construction (EPC) contract for the Kathleen Valley Lithium Backfill Project, a globally significant Tier-1 battery metals asset. The contract involves the construction of two paste plants to produce paste fill for Liontown's underground operations. The company's Managing Director, Mr Tony Patrizi, expressed pleasure in being engaged by Liontown and emphasized the endorsement of GR Engineering's process design record and EPC delivery capability. The successful and safe delivery of the project remains a priority for both parties.

LIONTOWN RESOURCES LIMITED
LTR | ASX | Materials
0.9150(+0%)
At close 05/07 (AEDT)
Market cap
$2.2B
Volume
12,675,106
DY Yield
0
PE Ratio
0
52 Week Range
0.835 - 3.07
1YR Return
6,000%

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