Engineering solutions company EVZ (ASX:EVZ) subsidiary Brockman Engineering has been awarded a contract valued at about $23 million with Rio Tinto (ASX:RIO).
Brockman has secured a bulk process water tanks package as part of the mining giant’s seawater desalination project at Parker Point, Dampier in Western Australia.
EVZ, which has a market capitalisation of $18.76 million, says work is expected to begin immediately on the design and procurement activities.
These activities will begin before a planned mobilisation to site in December 2024 for anticipated completion in the last quarter of 2025.
The project is expected to contribute to EVZ’s revenue and earnings during financial year 2025-26, as part of its diversified project portfolio across the energy and resources sector.
In June 2023 Rio Tinto announced its plans to invest $395 million in a seawater desalination plant in Western Australia, with the aim to support future water supply for its coastal operations and communities in the region.
The proposed Dampier Seawater Desalination Plant will lie within the company’s existing iron ore port operations. It is anticipated to have an initial nominal capacity of four gigalitres per year, with the potential to increase to eight gigalitres in the future.
Subject to relevant approvals, construction will begin this year and the facility is expected to be operational and producing water in 2026. At the peak of construction, the project is anticipated to support about 300 jobs.
EVZ is an Australian provider of technical services in the energy and resources and building products sectors, delivering to the energy, mining, infrastructure, and construction industries.
Write to Aaliyah Rogan at Mining.com.au
Images: EVZ
