EGN 0.00% 20.0¢ engenco limited

Partnership with Rio Tinto

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    Hi All,

    Engenco has announced that its division Gemco Rail will establish a facility in Karratha to support Rio Tinto's Pilbara operations.

    Gemco Rail will also build 100 iron ore rail cars for Rio Tinto over a six-year period.

    The contracts with Rio Tinto are expected to collectively be worth approximately $150 million.

    The first WA built iron ore rail car is expected to be delivered by mid-2024.

    Well done to CEO Dean Draper and his team!
 
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