Macmahon signs $355M Mt Marion mining contract
The three-year contract includes an option to extend one year and covers all underground development and production.
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Diversified mining and civil engineering contractor
macmahon.com.auLast updated
In short: Macmahon secured several major mining and civil contracts, including a $792 million extension at Byerwen and a $355 million lithium deal.
The three-year contract includes an option to extend one year and covers all underground development and production.
The presentation includes revenue guidance of $2.6bn-$2.8bn and underlying EBIT(A) of $180m-$195m, with focus on growth and ROACE target above 25%.
Effective 29 April 2026, he returns after prior service, nominated by shareholder Amman. Chair praises his finance and mining expertise.
They will deliver 3.5 km of exploration decline development starting September 2026 in a $38M contract.
Macmahon Holdings' wholly owned subsidiary, Macmahon Underground, has signed a contract valued at A$355m ($247m) to provide mining services at the Mt Marion lithium operation...
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