Civmec has secured more than A$220 million in new contracts and extensions, including construction of Alcoa’s Wagerup gallium plant in Western Australia. The awards are scheduled for delivery across FY27 and FY28 and lift the order book to approximately A$1.5 billion.
- More than A$220 million in new contracts and extensions
- Construction contract for Alcoa’s Wagerup gallium production plant
- Bulk Cargo Terminal works awarded at Glencore’s Murrin Murrin operation
- Awards expected to be delivered across FY27 and FY28
- Order book rises to approximately A$1.5 billion
Gallium plant contract anchors A$220 million award package
Civmec Limited (ASX:CVL; SGX:P9D) has added more than A$220 million of contracts and extensions, giving its order book another lift as the engineering group expands its exposure to critical minerals processing and industrial maintenance.
The largest strategically highlighted award is the construction contract for Alcoa’s Wagerup gallium production plant in Western Australia. Civmec will undertake civil, structural, mechanical, piping, electrical and instrumentation work, as well as the process building, tanks, laboratory and supporting infrastructure. It will also support Alcoa through commissioning.
The Wagerup project reached final investment decision in July 2026, with construction formally marked by a groundbreaking ceremony in August. The project brings together government and industry partners from Australia, Japan and the United States and is expected to support up to 200 local construction jobs.
Maintenance awards broaden delivery pipeline
Alongside the gallium plant, Civmec has won the Bulk Cargo Terminal works contract at Glencore’s Murrin Murrin Operations. The company also reported new orders, panel agreement extensions and other awards across its maintenance portfolio, supported by its permanent facilities in Port Hedland and Gladstone.
The announcement arrives shortly after the company reported its FY26 earnings release, which showed an order book of A$1.4 billion at year-end. The latest filing does not separately disclose the value of the Wagerup contract, the Murrin Murrin work or the other extensions, nor does it provide expected margins for the package.
A$1.5 billion order book points to execution ahead
Civmec said the new awards are expected to be delivered across FY27 and FY28, providing a defined period for converting the contracts into revenue. Its stated focus remains broadening the order book while retaining repeat-client work in maintenance and sustaining capital projects.
The more immediate test is execution: the filing gives no contract-by-contract timing, margin or cash-flow detail. The Wagerup plant will also move Civmec further into critical minerals processing, making progress through construction and commissioning important markers for whether the new order book translates into earnings as planned.
Bottom Line?
The order book is back at approximately A$1.5 billion, but the next evidence will come from project delivery, margins and cash conversion rather than headline contract value.
Questions in the middle?
- What proportion of the more than A$220 million award package relates to the Wagerup gallium plant?
- How will the new work affect Civmec’s margins and operating cash flow across FY27 and FY28?
- When will construction and commissioning milestones begin contributing materially to reported revenue?