
MLG Oz secures $70M Pioneer Dome Project mining contract
- MLG Oz has been awarded a fully integrated open pit mining and crushing services contract at the Pioneer Dome Lithium Project.
- The agreement is expected to generate approximately $70 million in revenue within the 2027 financial year.
- The company stated that the project establishes its services presence at an emerging Western Australian lithium operation.
MLG Oz (ASX: MLG) secured a $70 million integrated mining and crushing contract at the Pioneer Dome Lithium Project.
The 12-month campaign starts in July, with Develop Global (ASX: DVP) targeting first ore production in the December quarter.
“The award of the Pioneer Dome contract is a strategically important step for MLG,” said MLG CEO Mark Hatfield.
The scope covers open pit mining and crushing services at the Cade Pit, utilising MLG-owned assets and its production fleet.
Following the announcement, the MLG share price was unchanged at $0.70.
This agreement follows a previous deal in April securing $20 million in annual revenue from Gruyere Mining Company.
The company also extended its integrated site services contract with Northern Star Resources (ASX:NST) in March.