Perth-based iron ore miner Moly Mines has announced that it will enter into a $600 million engineering contract with one of China's top engineering companies and ASX-listed GR Engineering Services to develop its Spinifex Ridge molybdenum project.

Perth-based iron ore miner Moly Mines has announced that it will enter into a $600 million engineering contract with one of China's top engineering companies and ASX-listed GR Engineering Services to develop its Spinifex Ridge molybdenum project.