Contracts Update

Open PDF
Stock Metarock Group Ltd (MYE.ASX)
Release Time 28 Aug 2025, 10:11 a.m.
Price Sensitive Yes
 Mastermyne Secures Contract Extensions with Anglo American
Key Points
  • Anglo American extends Mastermyne's contracts for three underground operations
  • Contract extensions valued at around $31 million
  • Continuation of long-term relationship between Mastermyne and Anglo American
Full Summary

Mastermyne Group Limited (ASX Code: MYE), a leading provider of mining services, has announced that Anglo American Steelmaking Coal has provided a Letter of Intent to extend the company's contracts in relation to its three underground operations. The contract extensions will run from the current end date of 5 October 2025 out to 4 April 2026. The value of these contract extensions, once finalised, is estimated to be in the order of $31 million. The company is delighted to be continuing its long-term relationship with Anglo American Steelmaking Coal through these contract extensions.