Australia-based engineering firm Civmechas won several new contracts and extensions valued at some A$285 million.
The company's materials handling works portfolio continues to grow, with a new shiploader project for Port Waratah Coal Services (Port Waratah).
Civmec will help design, fabricate, preassemble, ship and install a new shiploader to the Kooragang Terminal, and the removal of the existing shiploader.
According to Civmec, this project will create more than 100 jobs throughout its duration to 2028.
Next, Civmec won a contract for the refurbishment works for an existing Port Waratah shiploader to ensure its continued reliable operation and extend its usable life.
Civmec has also been awarded a contract for the design and construction of field-erected tanks and civil concrete works for Iluka Resources' Eneabba rare earths refinery - Australia's first fully-integrated facility for the production of separated rare earth oxides.
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Last but not least, Civmec won more maintenance services contracts worth more than A$40 million in its 3QFY2025.
Civmec closed at 86 cents on May 5, up 0.59%.