Daily Newsletter

06 June 2024

Daily Newsletter

06 June 2024

SRG Global wins mining orders in Australia

Rio Tinto awarded a six-year term contract for asset integrity and rope access services at the Yarwun Refinery.

Umesh Ellichipuram June 06 2024

Australian Securities Exchange (ASX)-listed diversified industrial services company SRG Global has secured a series of contracts in the mining sector in Australia.

Mining giant Rio Tinto has awarded a six-year term contract for asset integrity and rope access services at the Yarwun Refinery in Gladstone, Queensland (QLD).

This contract is set to commence in June 2024 and conclude by 2030.

The company's recent contract wins also include an initial infrastructure contract for the design and construction of concrete tanks for BHP Iron Ore in Newman, Western Australia.

This project has already started and is due to be finished within 24 months.

Commenting on the latest contract wins, SRG Global managing director David Macgeorge said: “We  are  pleased  to  secure  these  diverse  range of  contracts across Australia  through  established relationships with Tier 1 clients across Australia.

“I am particularly pleased that the combined offering of our upfront capabilities of our Asset Care business combined with the back-end execution of our Asset Maintenance team continues to gain traction with our clients.

“SRG Global continues to go from strength to strength, underpinned by our strong growth profile and recurring earnings base approaching 80% of our overall earnings, which is in line with our long-term strategy.”

With a workforce of 3,500, SRG Global operates across three segments – asset maintenance, mining services, and engineering and construction.

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