Business News

    SRG Global (ASX:SRG) wins $55M contract from Fortescue

    Article Image

    SRG Global (ASX:SRG) has announced its secured a mine infrastructure contract worth around $55M with Fortescue.

    The deal entails constructing a 21km haul road for Fortescue's autonomous truck fleet at the Eliwana Mine site, beginning in March 2023 and lasting for nine months.

    SRG Global says the recent contract increases its total contract wins to over $1B since the beginning of the fiscal year.

    The plastic manufacturer's share price is up 3% this morning.

     

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa