Forge said its subsidiary Cimeco had received a notice of award for construction of civil and concrete works at the Solomon Kings Valley channel iron deposits and Firetail bedded iron deposits ore processing facilities.

Scope of work includes civil works and concrete works for all of the major structures on the BID and CID ore processing facilities including in excess of 30,000m of cast in-situ concrete for the coarse ore stockpiles, wet scrubbing buildings, fine crushing buildings, dry screening buildings and de-sanding plants.

The news comes after Forge was awarded a $200 million contract in August last year from FMG for engineering, procurement and construction work on the Solomon primary crushing hubs.

Shares in Forge have gained 29c to $6.79 in morning trade.