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SRG Global wins contracts worth $552 million across Australia, New Zealand
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SRG Global wins contracts worth $552 million across Australia, New Zealand
Jun 24, 2025 5:41 PM

June 25 (Reuters) - SRG Global ( SRGGF ) has secured

contracts worth A$850 million ($551.7 million) across diverse

sectors in Australia and New Zealand, the construction and

engineering firm said on Wednesday.

The agreements include deals with Origin Energy ( OGFGF ),

South32 ( SHTLF ), BHP Iron Ore and Genesis Minerals ( GSISF ).

Shares of the company rose as much as 10.8% in early trade

and hit a record high of A$1.75. The stock was up 8.2% as of

1212 GMT, while the broader ASX 200 benchmark index

added 0.2%.

The company has signed a five-year contract to provide asset

integrity and reliability services for Origin Energy ( OGFGF ) at its

Darling Downs, Eraring and Shoalhaven power assets across

Queensland and New South Wales.

Under its five-year contract with South32 ( SHTLF ), 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 ) refineries in the southwest of Western Australia

and Anglo American's assets across Australia.

SRG finalised a deal with Genesis Minerals ( GSISF ) 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 = A$1.5408)

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