Sharecafe

MLG Oz Extends Fortescue Contract

Thumbnail
Mining services company secures new two-year deal with iron ore giant

MLG Oz (ASX:MLG) has secured a new contracted services agreement with Fortescue Metals Group (ASX:FMG) to streamline crushing and screening services at several of Fortescue’s mine sites. These sites include Christmas Creek, Cloudbreak, Solomon, and Eliwana, with Fortescue’s wholly owned subsidiaries Chichester Metals and FMG Solomon to undertake the work. MLG will supply mobile crushing and screening equipment, personnel, and infrastructure to provide stemming production services at Fortescue’s mine sites. MLG Oz is a mining services and resource asset management company delivering tailored solutions to operations for gold, iron ore, and other base metals producers in Western Australia and the Northern Territory.

The contract is set to commence this month and will initially run for 24 months, with an option to extend for an additional 12 months. MLG Oz Managing Director Murray Leahy expressed satisfaction with extending the company’s relationship with Fortescue for another two to three years, building on their prior collaboration in crushing and screening services.

Leahy stated that the crushing and screening business has now secured substantial work for the immediate future. He added that the company is confident about securing further work as it continues to broaden its capabilities and market presence. This new agreement follows MLG Oz’s earlier achievement this year in securing its maiden contract with Rio Tinto (ASX:RIO) to provide bulk haulage and site services, valued at approximately $20 million.

Serving up fresh finance news, marker movers & expertise.
LinkedIn
Email
X

All Categories

Subscribe

get the latest