InvestSMART

RBR Group Limited (ASX:RBR)

ALERT: Price-sensitive ASX Announcement for RBR
Current share price for RBR : $0.016 -0.003 (-15.79%)+
Announcement
Release
2 Feb 2026 9:18AM
Price at Release
$0.019
Full Release
download
Summary
RBR Group Limited announced the granting of Mozambique Government approval for the restart of the TotalEnergies-led Mozambique LNG project, marking a significant milestone. This development signifies a shift towards full-scale remobilisation, with over 4,000 personnel already engaged on-site. RBR Group is strategically positioned to benefit from increased demand for its core services, including workforce accommodation, labour services, and training, as the project's construction momentum builds. The total value of RBR's Expressions of Interest and tenders is over US$80 million, indicating substantial commercial opportunities ahead.
Key Points
  • Mozambique Government approval granted for the full restart of the TotalEnergies-led Mozambique LNG project following lifting of force majeure.
  • Construction and workforce mobilisation accelerating with over 4,000 personnel already active on site.
  • RBR Group is well positioned to capture near-term opportunities across camp infrastructure, labour services and workforce training.
  • Total value of Expressions of Interest and tenders lodged by RBR Group exceeds US$80 million.
  • The granting of final Government approvals marks a major inflection point for Mozambique LNG and Rovuma Basin developments.
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.