MACA is pleased to announce the extension of its mining services contract with Pilbara Minerals for a further 12 months at the Pilgangoora Lithium Project.
The Pilgangoora Lithium Project is located 120km from Port Hedland in Western Australia’s Pilbara region. The project consists of open-pit mining services including drilling and blasting and loading and hauling, and the extension is expected to generate approximately $70 million in revenue for MACA over the 12 month term through to November 2022.
MACA’s CEO Mike Sutton said “MACA is very pleased to be able to continue working with Pilbara Minerals at the Pilgangoora Lithium-Tantalum project, having commenced operations on site in 2017. We strongly value the collaborative working relationship established with the Pilbara Minerals team over the previous four years and are proud to be an ongoing part of this project. ”
“For MACA, this extension secures our strong position in the Pilbara region and also provides continued involvement in the lithium industry.”
You can read the full ASX announcement here.