How Saunders Won a $19.8M Contract to Build Tanks in the Northern Territory
Saunders International has landed a $19.8 million contract to build 11 tanks at a gold processing facility, reinforcing its foothold in the resources sector and promising revenue growth over the next two years.
- Awarded $19.8 million contract by PARC Engineering
- Construction of 11 tanks at Northern Territory gold processing site
- Builds on ongoing projects with Northern Star Resources and Primero
- Expected revenue and earnings contribution in FY26 and FY27
- Highlights Saunders’ expertise in remote, resource-sector infrastructure
Saunders Strengthens Resources Sector Presence
Saunders International Limited (ASX – SND) has announced a significant new contract win valued at $19.8 million, awarded by PARC Engineering to construct 11 tanks at a gold processing facility in the Northern Territory. This deal not only bolsters Saunders’ position within the mining infrastructure space but also complements its existing portfolio of projects in the resources sector.
The contract follows Saunders’ recent work on leach train projects with Northern Star Resources and Primero at the Kalgoorlie Consolidated Gold Mine, underscoring the company’s growing footprint in critical mining infrastructure. Managing Director Angelo De Angelis highlighted the company’s ability to transfer its core engineering and construction capabilities across multiple sectors, including Defence, Energy, Water, and Resources.
Expertise in Remote and Complex Environments
Saunders has built a reputation for rapid mobilisation to remote locations, collaborative project management, and a strong commitment to workplace safety. These strengths have been key to securing contracts in challenging environments like the Northern Territory, where logistical and operational complexities demand experienced partners.
The new contract is expected to commence immediately and will contribute positively to Saunders’ revenue and earnings in the financial years 2026 and 2027. This timeline suggests a steady workflow and financial visibility for the company over the medium term.
Strategic Diversification and Growth Outlook
Beyond the immediate financial impact, this contract win reflects Saunders’ strategic diversification across multiple industrial sectors. By leveraging its multidisciplinary engineering and construction expertise, the company is positioning itself as a versatile player capable of delivering critical infrastructure across a range of markets.
Investors will be watching how this project unfolds alongside Saunders’ other resource sector engagements, as the company continues to build momentum in a competitive landscape. The ability to secure and execute large-scale contracts in mining infrastructure will be a key driver of Saunders’ growth trajectory moving forward.
Bottom Line?
This contract win cements Saunders’ role as a key infrastructure provider in mining, setting the stage for sustained growth in FY26 and beyond.
Questions in the middle?
- What are the detailed timelines and milestones for the tank construction project?
- Could this contract lead to further opportunities with PARC Engineering or other mining clients?
- How will Saunders manage operational risks associated with remote project delivery?
