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MLG Oz Limited (ASX:MLG)

ALERT: Price-sensitive ASX Announcement for MLG
Current share price for MLG : $0.775 0.075 (10.71%)+
Announcement
Release
30 Jun 2026 8:17AM
Price at Release
$0.700
Full Release
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Summary
MLG Oz Limited has secured a significant contract valued at approximately A$70 million with Develop Global Limited for an integrated mining and crushing services project at the Pioneer Dome Lithium Project in Western Australia. This contract covers various operations including drill and blast, ore and waste mining, and the operation of a crushing circuit, expected to commence in July 2026 and span the 2027 financial year. This project marks a strategic expansion for MLG into the emerging lithium sector, leveraging its comprehensive service capabilities. MLG's CEO, Mark Hatfield, emphasized the strategic importance and the partnership value with Develop Global Limited.
Key Points
  • Contract value estimated around A$70 million.
  • Located at Pioneer Dome Lithium Project, Western Australia.
  • Initial 12-month campaign starting in July 2026.
  • Includes services like drill and blast, and crushing circuit operation.
  • Positions MLG in a key lithium mining project in Australia.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.