MLG Awarded 30-Month Crushing & Screening Contract with NMG

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Stock MLG OZ Ltd (MLG.ASX)
Release Time 24 Jul 2025, 8:23 a.m.
Price Sensitive Yes
 MLG Awarded 30-Month Crushing & Screening Contract with NMG
Key Points
  • MLG awarded 30-month crushing and screening contract with New Murchison Gold
  • Contract worth up to $15 million to provide services for New Murchison's Crown Prince project
  • Contract expected to generate $500,000 per month in revenue for MLG
Full Summary

MLG Oz Limited (ASX: MLG) has announced the execution of a 30-month crushing and screening contract with New Murchison Gold Limited (ASX: NMG), worth up to $15 million. New Murchison is a mineral exploration and development company that holds a substantial package of tenements in the Murchison Goldfield near Meekatharra, Western Australia. The agreement is for the provision of crushing and screening services to New Murchison's Crown Prince project, for an initial period of 30 months with a further month-by-month extension for up to six months. The contract will encompass the provision of a mobile crushing plant with an automated sampling system integrated into the circuit. MLG will operate and service the equipment throughout the contract term, which is expected to commence in August 2025. MLG's first contract with New Murchison will generate approximately $500,000 per month in revenue for the company, and follows a recent spate of new contract wins and extensions, including its maiden contract with Rio Tinto and the provision of crushing and screening services to Fortescue Limited. Managing Director Murray Leahy commented that MLG is delighted to have been selected by New Murchison Gold to provide crushing and screening services as they develop their high-grade gold deposit within the Garden Gully Project, and that the company continues to actively expand its crushing and screening capabilities, broadening its reach and market presence across its suite of clients in the gold and iron ore mining sectors.

Outlook

MLG continues to actively expand its crushing and screening capabilities, broadening its reach and market presence across its suite of clients in the gold and iron ore mining sectors.