SRG Global wins contracts worth $551.7 million across Australia and New Zealand

Reuters
2025.06.24 23:29

SRG Global has secured contracts worth A$850 million ($551.65 million) in Australia and New Zealand, including agreements with Origin Energy, South32, BHP Iron Ore, and Genesis Minerals. The contracts involve asset integrity services and maintenance for various operations over five years. This follows SRG's previous contracts worth A$700 million won in November 2024. The company continues to expand its portfolio across multiple sectors, including water, health, education, and defence.

June 25 (Reuters) - SRG Global (SRG.AX) has secured contracts worth A$850 million ($551.65 million) across diverse sectors in Australia and New Zealand, the construction and engineering firm said on Wednesday.

The agreements include deals with Origin Energy (ORG.AX) , South32 (S32.AX) , BHP Iron Ore and Genesis Minerals (GMD.AX) .

The company signed a five-year contract to provide asset integrity and reliability services for Origin Energy at its Darling Downs, Eraring and Shoalhaven power assets across Queensland and New South Wales.

Under its five-year contract with South32, the world’s biggest manganese producer, SRG will deliver specialist shutdown maintenance services for the miner’s Worsley operations in the southwest region of Western Australia.

The company has also entered asset integrity and reliability services contracts with BHP Iron Ore in the Pilbara region of Western Australia, BHP Copper’s assets in South Australia, Alcoa’s (AA.N) refineries in the southwest of Western Australia and Anglo American’s (AAL.L) assets across Australia.

SRG finalized a deal with Genesis Minerals to provide specialist production drilling and grade control services at the company’s Jupiter gold operations.

The Australia-based diversified infrastructure services company has secured several other contracts with existing clients in sectors such as water, health, education, defence and data centres.

In November 2024, SRG won contracts worth A$700 million across Australia and New Zealand. ($1 = 1.5408 Australian dollars)