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Civmec Limited (ASX:CVL)

ALERT: Price-sensitive ASX Announcement for CVL
Current share price for CVL : $1.805 0.34 (23.21%)+
Announcement
Release
5 Jan 2026 9:12AM
Price at Release
$1.465
Full Release
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Summary
Civmec Limited announced it has secured new contracts and extensions valued at over A$400 million. These contracts are part of Civmec's strategy for sustainable growth and diversification, strengthening its relationships with Tier-1 clients. The contracts include significant projects such as the BHP Port Debottlenecking Project 2, involving concrete and earthworks for a new car dumper, and the construction of charger facilities at Fortescue’s mine sites. The company is also expanding its maintenance services in key resource hubs. These contracts will be delivered across the second half of FY26 and FY27.
Key Points
  • Civmec secures A$400 million in new contracts and extensions.
  • Focus on sustainable growth and diversification.
  • Major project includes BHP Port Debottlenecking Project 2.
  • Construction of charger facilities at Fortescue’s mine sites.
  • Expansion of maintenance services in Port Hedland and Gladstone.
  • Projects to be delivered in 2H FY26 and FY27.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.