PROCESSING

DRA posts $21.4M loss

ENGINEERING house DRA Global has posted a net loss of $21.4 million for the 2022 financial year.

 DRA has started EPCM services for Hastings Technology Metals' Yangibana rare earths project.

DRA has started EPCM services for Hastings Technology Metals' Yangibana rare earths project.

The company's revenue was $894.7 million, down 25% from the $1.19 billion it posted in FY21. Earnings before interest, tax, depreciation and amortisation was down 70% on FY21 to $18.8 million. DRA...

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