Ann: $110m Asset Services Term Contracts Secured, page-3

AND HERE TIS:
16 November 2021
Multiple Asset Services Term Contracts secured across Diverse Sectors / Geographies with
Blue Chip Clients valued at ~$110m
Highlights:
• Seven term contracts secured valued at ~$110m
• Diverse sectors include nickel, cobalt, iron ore, alumina, oil & gas, energy and dairy
• Diverse geographies include Gladstone (QLD), Pilbara (WA), New Zealand (NZ) and Goldfields (WA)
• Blue chip clients include Rio Tinto, Roy Hill, Fonterra, Transpower NZ and Refining NZ
Overview:
SRG Global Limited (‘SRG Global’ or ‘the Company’) (ASX: SRG) is pleased to provide an update in
relation to significant new contract awards for its Asset Services segment. SRG Global has secured
seven term contracts with Tier 1 clients across diverse sectors and diverse geographies.
The total value of new works secured is ~$110m, which includes:
• Three-year contract, with the option for a 1-year extension with Roy Hill to provide shutdown
maintenance services at its iron ore operations in the Pilbara WA, commencing immediately
• Three-year contract at major nickel and cobalt operations in the Goldfields WA to provide adhoc maintenance support, commencing immediately
• Three-year contract with Fonterra in NZ to provide specialist engineered access services for
its dairy operations, commencing immediately
• One year extension to existing three-year contract with Transpower NZ providing specialist
industrial services including tower structure maintenance and specialist coating services
• One year extension to our existing contract with Refining NZ at Marsden Point oil refinery NZ
to provide industrial blasting and specialist coating services
• 18-month contract at Rio Tinto’s QAL alumina refinery in Gladstone QLD for the provision of
shutdown scaffolding services, commencing immediately
• 18-month contract at Rio Tinto’s Yarwun alumina refinery in Gladstone QLD for the provision
of access and refractory services, commencing immediately
David Macgeorge, Managing Director, commented: “I am very pleased that our Asset Services
segment continues to deliver step change growth in diverse sectors and geographies with blue chip
clients. It is a testament to the strong relationships we have built on the back of continued delivery
and our focus on innovation, technology and data analytics as market differentiators.
“These recent term contract wins provide further evidence of the continued execution of SRG Global’s
growth strategy highlighted by an earnings profile of two-thirds annuity earnings and one-third project
based, which positions us well for long term sustainable growth.”

GLAH Mal...