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MLG Oz Limited (ASX:MLG)

ALERT: Price-sensitive ASX Announcement for MLG
Current share price for MLG : $0.765 0.015 (2%)+
Announcement
Release
3 Aug 2026 8:34AM
Price at Release
$0.750
Full Release
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Summary
MLG Oz Limited has formed a joint venture with Marlinyu Ghoorlie Enterprises Pty Ltd to provide mining and civil services on Marlinyu Ghoorlie country. This venture, Marlinyu Ghoorlie Enterprises MLG Oz Joint Venture Pty Ltd, aims to leverage MLG's capabilities and the authority of the Marlinyu Ghoorlie People to deliver services across a full range of MLG's operations including civil and construction, crushing and screening, bulk haulage, and site services. The joint venture is structured to create long-term economic benefits for the Marlinyu Ghoorlie People through employment, training, and local procurement, while also positioning MLG as a preferred partner in the region.
Key Points
  • MLG Oz Limited has established a joint venture with Marlinyu Ghoorlie Enterprises Pty Ltd.
  • The joint venture will operate as Marlinyu Ghoorlie Enterprises MLG Oz Joint Venture Pty Ltd.
  • Joint venture to provide mining and civil services on Marlinyu Ghoorlie country.
  • Aims to create long-term economic, employment, and training benefits for the Marlinyu Ghoorlie People.
  • MLG Oz is positioned as a preferred partner for services on Marlinyu Ghoorlie country.
  • Joint venture combines MLG's capabilities with the authority of the Marlinyu Ghoorlie People.
  • MLG to manage operations with an equally represented board.
  • The partnership was reinforced following the Federal Court's recognition of the Marlinyu Ghoorlie People’s connection to their traditional land.
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.