Kalgoorlie-based MLG Oz (ASX:MLG) has secured its very first contract with mining giant Rio Tinto (ASX:RIO), estimated to be worth $20 million.
The company, which has a market capitalisation of $95.95 million, will provide bulk haulage and site services for the Western Turner Syncline Mine in the Pilbara region of Western Australia over a 12-month period.
Activities include off-road bulk ore haulage services, material loading, rock breaking, unloading, stockpile management and road maintenance services.
Managing Director Murray Leahy says the contract is the outcome of MLG building a trusted, and potentially long-term, relationship with Rio Tinto.
“Rio has been actively reviewing MLG’s approach and performance standards to assess our broader capability to deliver services in the Pilbara region,” Leahy notes.
“In particular, they have been focused on the efficiencies that can be gained through MLG’s hub and spoke delivery model.”
MLG is a mining services and resource asset management company providing a range of services to mining operations across gold, iron ore and other base metals in Western Australia and the Northern Territory.
Write to Angela East at Mining.com.au
Images: MLG Oz
