Aerison Group secures new contracts worth AU$100 million

On February 7th, 2023, Aerison Group Limited (ASX: AE1), a Perth-based engineering and construction company, announced that it had been awarded multiple new projects totaling more than AU$100 million. The company’s respective order book is currently around AU$370 million and consists of works secured under contract and a forward estimate of routine. Also, ongoing works under master services agreements and preferred supplier arrangements. The pipeline of prospects is still tracking around AU$5.0 billion.

New contract comprises:

• Numerous contracts awarded to the specialized division of environmental engineering and construction services, which will provide solutions for air pollution control (dust mitigation) at a number of Pilbara iron ore processing plants.
• Construction services provided by SMPE&I for the agriculture sector in Western Australia; manufacture and installation of a raw materials conveyor system for CSBP Limited, a subsidiary of Wesfarmers chemicals, energy, and fertilizers.
• Early contractor involvement (ECI) for the NeuRizer urea project in South Australia.
• Electrical infrastructure for the Pilbara, Western Australia-based Yuri Green Hydrogen Project.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com