MLG Oz secures $20M in new contracts

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MLG Oz secures $20M in new contracts
MLG Oz secures $20M in new contracts
Liezl Gambe
Written by Liezl Gambe
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MLG Oz (ASX:MLG) announced an expansion of its operations, securing a suite of new contracts and extensions projected to deliver approximately $20 million in combined annual revenue.

The development reinforces MLG's strong foothold in the Western Australian resources sector, spanning road maintenance, mobile crushing, and civil construction services.

A cornerstone of this announcement is a five-year contract extension with Gruyere Mining, a subsidiary of Gold Fields.

The agreement, comprising a three-year base with two one-year options, covers road maintenance and site services at the Gruyere Gold Mine near Laverton.

The extension alone is expected to generate $4 million in annual revenue, reflecting a long-standing partnership built on service quality.

Simultaneously, MLG has secured a major "mobile crushing award" with Northern Star Resources.

Effective immediately through September 2028, MLG will deploy fully maintained crushing and screening plants across multiple Northern Star sites, including the Yandal and Kalgoorlie production centres.

The deal represents a meaningful deepening of MLG’s relationship with the top-tier gold producer.

Rounding out the growth surge, MLG received a letter of intent from endurance mining for a new civil construction project.

Commencing this April, the three-month project is slated to generate $6 million and includes a comprehensive scope of works: embankment earthworks, drainage installation, and the construction of access roads and tailings pipelines.

At the time of reporting, MLG Oz’s share price was $0.79.

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