Austin Engineering Limited (AU:ANG) has released an update.
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Austin Engineering Limited has secured its first significant orders from India, marking a strategic entry into the country’s iron ore market. The company received orders for 17 ULTIMA trays, valued at A$2.7 million, from a major Indian iron ore producer, following successful trials in 2023. This development signifies potential growth opportunities for Austin in one of the world’s largest iron ore producing countries.
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