Develop Global Awards $275M EPC Contract for Yitirrti Processing Plant to GR Engineering Services

Published: Aug 21, 2026 11:44

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According to an August 17 announcement by Develop Global, Develop has awarded the EPC contract for the design and construction of the Yitirrti processing plant (formerly known as Sulphur Springs) to leading engineering company GR Engineering Services Limited, with a contract value of A$275 million. The processing plant will have a designed capacity of 1.5 million tonnes per year and will produce separate copper-silver and zinc concentrates. Funding for the Yitirrti project will come from a US$400 million debt facility recently provided by Trafigura to Develop, Develop's existing cash resources, and cash flow generated by Develop's Woodlawn and Pioneer Dome mines. Trafigura has signed offtake agreements to purchase the copper and zinc concentrates produced by the Yitirrti project. Construct

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