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.
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