Engineering solutions firm EVZ, through its subsidiary Brockman Engineering, has secured a contract valued at approximately AUD $23 million from Rio Tinto.
Brockman Engineering will oversee the delivery of a bulk process water tanks package for Rio Tinto’s seawater desalination project at Parker Point in Dampier, Western Australia.
EVZ, with a market capitalization of $18.76 million, announced that the project’s design and procurement phases will start immediately. Mobilization to the site is planned for December 2024, with completion expected by the end of the fourth quarter in 2025.
The contract is anticipated to enhance EVZ’s revenue and earnings for the 2025-26 financial year, further expanding its project portfolio within the energy and resources sector.
In June 2023, Rio Tinto unveiled a $395 million investment plan for a seawater desalination plant in Western Australia to ensure a reliable water supply for its coastal operations and local communities.
