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SRG secures $200m of contracts across diverse sectors - TechInvest Magazine Online

Written by Staff Writers | Nov 22, 2023 1:27:04 PM

SRG Global Ltd (‘SRG Global’ or ‘the Company’) (ASX: SRG) is pleased to announce it has been awarded multiple contracts with new and existing clients in the transport, energy, defence, water, mining, ports and building sectors. The value of the new works secured is $200m, which includes:

  • A three-year term contract with Genesis Mining Services to provide production drilling, blasting and explosives management at the Admiral gold operations in Western Australia (WA). The contract works have now commenced;
  • A two-year contract extension to June 2025 for production drilling services with Evolution Mining at Mount Rawdon gold operations in Queensland (QLD). SRG Global commenced drilling services at Mount Rawdon in 2010;
  • A three-year term contract, with AGL to provide non-destructive testing, asset integrity, and reliability services across AGL’s power generating assets. The contract works have now commenced;
  • A five-year term contract, with Sydney Water to provide condition monitoring services across the greater Sydney region. The contract works have now commenced;
  • A four-year term contract with Babcock NZ, for specialist blasting and painting services for Defence ship and marine structures in New Zealand (NZ). The contract works have commenced;
  • A five-year term contract, with Iluka Resources to provide access services across its operations in WA and South Australia. The contract works have commenced;
  • Bridge maintenance works at the West Gate Bridge in Victoria (VIC) for the Department of Transport Victoria. Works have commenced and are expected to be complete within 18 months;
  • Minesite infrastructure contract for earthworks and civil construction at the Roy Hill mining operations with HanRoy in WA. The contract commences in November 2023 and is expected to be complete within 6 months;
  • Engineered curtain wall facade design and construct contract for the City Tattersall’s Club project in Sydney, New South Wales (NSW) for Richard Crookes Constructions. Works have commenced and are expected to be complete within 24 months;
  • Engineered Products contract for supply of Protek and Bartek structural products for the Public Transport Authority’s Byford Rail Extension project in WA;
  • Specialist ground anchor installation works at Warragamba Dam for Water NSW. The works have commenced and are expected to be complete in March 2024; and
  • Specialist marine remediation contract with QAL at the South Tree Island Wharf in Gladstone, QLD. Works have commenced and are expected to be complete within 12 months.

David Macgeorge, SRG Global Managing Director commented “We are delighted to announce our continued success in securing a diverse range of contracts with new and repeat clients across Australia and New Zealand. These agreements not only reaffirm our leadership position in multiple industries but also highlight the trust and confidence our clients place in us to deliver critical services. We look forward to further strengthening these relationships as we apply our specialist capabilities for our key clients across a broad range of sectors.