SRG Global secures $65m worth of contracts

SRG Global (ASX:SRG) has secured $65m worth of contracts in WA and Queensland.

In WA, the Bugarrba Aboriginal JV contract with BHP is to provide shut down engineered access services in the Pilbara.

The contract will begin immediately and is expected to run for five years. This includes three one-year extension options.

SRG’s Queensland contracts include one with Rio Tinto to provide engineered access services at Yarwun in Gladstone.

This contract will start immediately and is expected to run for a five-year period, including two one-year extension options.

A second contract sees Queensland Alumina Limited (QAL) providing specialist remediation works at the South trees island wharf. This contract will also begin right away and will continue for a three-year term.

SRG Global managing director David Macgeorge is pleased to have won these contracts.

“We are pleased to win term contracts with Tier 1 clients BHP, Rio Tinto and QAL,” he said.

“These contract wins showcase our specialist skillset as a trusted partner to deliver maintenance services for our client’s critical infrastructure in the marine, alumina, steel and iron ore sectors.

“Importantly, the contract wins are being achieved across a diversity of sectors and geographies, positioning SRG Global well for long-term, sustainable growth.”