Macmahon Holdings Wins AU$355 Million Underground Mining Contract at Mt Marion Lithium Operation
MT Newswires Live
Jul 15
Macmahon Holdings' (ASX:MAH) unit Macmahon Underground executed a contract for underground mining services at the Mt Marion lithium operation, valued at AU$355 million for an initial period of three years with an option to extend for a further year, according to a Wednesday Australian bourse filing.
The company said the scope of works includes all underground development and production mining operations at Mt Marion, located 70 kilometers south of Kalgoorlie in Western Australia, and jointly owned 50-50 by Mineral Resources (ASX:MIN) and Jiangxi Ganfeng Lithium.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.