Contract awards

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Stock Metarock Group Ltd (MYE.ASX)
Release Time 24 Sep 2025, 3:03 p.m.
Price Sensitive Yes
 Metarock Group Secures Contract Awards
Key Points
  • 6-month extension of contracts with Anglo American Steelmaking Coal worth ~$31 million
  • 3-year (plus extensions) agreement with Yancoal Australia worth $15-$20 million
  • Strengthening long-term relationships with major industry players
Full Summary

Metarock Group Ltd (ASX: MYE) has announced the award of two major contract wins. Firstly, the company has secured a 6-month extension of its existing contracts with Anglo American Steelmaking Coal, valued at approximately $31 million. This extension will see Metarock continue to provide services to Anglo American's three underground operations until April 2026. Secondly, Metarock has executed a 3-year (plus extensions) agreement with Yancoal Australia to provide outbye, ventilation and strata consolidation services at the Ashton, Moolarben and Abel mines in New South Wales. The value of this contract over the initial term is estimated to be between $15 to $20 million. The Managing Director and CEO, Jeff Whiteman, commented that these contract awards align well with the company's vision to be a valued partner in the underground coal mining industry, and they are delighted to be continuing their long-term relationships with these major industry players.