In a strong boost for Australia’s mining services industry, GR Engineering Services (ASX: GNG) has secured a key EPC contract from AIC Mines (ASX: A1M) to deliver works at the Eloise Copper Project near Cloncurry, Queensland. This move signals renewed momentum in the state’s copper exploration and processing capacity—and hints at broader expansion trends sweeping across North Queensland.
GR Engineering team at Eloise site. Source; Shutterstock
Queensland Copper Infrastructure Gets a Boost
The Eloise site is not just any copper mine—it’s a vital cog in Queensland’s mineral production network. With rich copper sulphide ore bodies and a history of consistent production, the site has seen increased investor attention over the past two years.
GR Engineering’s scope of work involves a major throughput expansion of the existing copper processing plant. This includes the supply and installation of a new flotation cell circuit, enhancements to crushing and grinding lines, and upgrading of critical mining infrastructure to support higher ore throughput targets.
The contract is valued at $28 million, and construction is expected to be fast-tracked to align with AIC Mines’ production roadmap for FY26.
Copper ore sample. Source: Science Photo Library
AIC Mines: Scaling Production in a Tight Market
With copper demand surging—especially in light of the global energy transition—AIC Mines’ strategy is firmly rooted in scaling both volume and efficiency. CEO Aaron Colleran has previously emphasized the company’s commitment to unlocking value through low-cost, high-return projects—and the Eloise upgrade fits neatly into that playbook.
The planned capacity expansion is projected to lift ore processing from 700,000 tonnes per annum to over 1 million tonnes, supporting higher copper output at a time when global supply chains remain tight.
GR Engineering: Quietly Powering Australia’s Resource Growth
For GR Engineering, the Eloise contract adds another feather to its growing cap of successful mineral infrastructure projects. Known for its no-frills delivery model and a track record of timely execution, the firm has emerged as a go-to partner for mid-tier miners looking for high-impact EPC delivery.
In a statement to the ASX, the company reaffirmed that it remains committed to safe and efficient operations, with all major works on-site expected to be completed by Q2 2026.
Aerial view of Eloise Copper Plant. Source: iQ Industry Queensland
Strategic Significance: Why This Deal Matters
This deal is more than just another contract—it marks an inflection point for the Cloncurry copper corridor. Long known for its base metal potential, the area is now experiencing a surge in development, with improved infrastructure drawing renewed interest from explorers like AIC Mines, who are actively leading investment momentum.
Increased throughput capacity at Eloise also signals confidence in long-term copper pricing and Australia’s capacity to supply into the global energy transition—particularly the EV, renewables, and smart-grid sectors, all of which rely heavily on copper.
Also Read: Platinum Price Surge Sparks Global Interest in Undervalued Precious Metal
A Closer Look: Queensland Mining as a Hotspot
Credit: AIC Mines
Exploration and engineering firms—from emerging juniors to established majors—are increasingly setting their sights on Queensland’s North West Minerals Province, drawn by its untapped potential and supportive infrastructure.With government support and improved access via sealed roads and power connectivity, Cloncurry and its surrounding districts are fast becoming one of the most critical copper hubs in the country.
The Eloise project’s upgrade is expected to further enhance the economic profile of the district, providing local employment, training programs, and downstream contractor opportunities.
Outlook: From Site Works to Market Impact
The Eloise copper upgrade stands at the intersection of efficient design and economic urgency. As the global copper shortfall looms and geopolitical tensions restrict some supply routes, Australian producers are uniquely positioned to offer stable, ESG-compliant alternatives.
As AIC Mines ramps up processing output and GR Engineering spearheads infrastructure improvements, Eloise is on track to set a new standard for innovation among mid-tier mining operations by 2026.
Final Word
At a time when macroeconomic uncertainty continues to shape commodity markets, this contract offers a glimpse into what still works: disciplined expansion, trusted contractors, and smart capital deployment. IfShould the partnership between GR Engineering and AIC Mines proceed as envisioned, it could mark a transformative chapter for Cloncurry—strengthening the local economy while reinforcing Australia’s position in global copper supply stability.
