What are the core reasons behind the new contract agreement?

MLG Oz Limited (ASX:MLG) secured the contract to provide integrated open pit mining and crushing services for Develop Global Limited (ASX:DVP) at the Pioneer Dome Lithium Project.

What is the financial layout of the mining contract?

MLG Oz Limited (ASX:MLG) expects the contract to generate approximately A$70.0 million in revenue across its 12-month term. The company stated that this revenue is contracted to be fully within the 2027 financial year.

What fleet and asset details are involved in the operations?

MLG Oz (ASX:MLG) will support the contract scope by deploying its own crushing assets and core production fleet. The operation includes services such as drill and blast, ore and waste mining, load and haul, and crushing circuit maintenance at the Cade Pit.

What are the pipeline timelines for the lithium project?

Develop Global (ASX:DVP) is targeting first direct shipping ore production in the December quarter of 2026. The initial 12-month campaign by MLG Oz (ASX:MLG) is scheduled to commence in July.

What geographic and market impact does this project have?

MLG Oz (ASX:MLG) will operate at the Pioneer Dome Lithium Project located approximately 130 km south of Kalgoorlie in Western Australia. The company stated the agreement draws on its prior experience in the lithium services market alongside Develop Global (ASX:DVP).

Image for illustrative purposes only. Not a real photo.

MLG Oz secures $70M Pioneer Dome Project mining contract

Written by Isaac FrancisPublished Jun 29, 2026, 11:59 PM

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.

MLG Oz secures $70M Pioneer Dome Project mining contract

Perguntas frequentes

Ativos relacionados a notícia