BUZZ-Australia's MLG Oz rises on receiving contract from Fortescue units
Reuters
Jul 17, 2025
BUZZ-Australia's MLG Oz rises on receiving contract from Fortescue units
** Shares of Australia's MLG Oz MLG.AX rise as much as 4.7% to A$0.78, their highest level since July 7
** Stock marks its biggest intraday pct gain since June 17
** Mining support services provider awarded two-year crushing and screening contract with units of Australian miner Fortescue FMG.AX
** Contract for the provision of crushing & screening services across Fortescue's Christmas Creek, Cloudbreak, Solomon, and Eliwana sites in Western Australia
** Stock is up 41.8% YTD, including the session's moves
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))
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