Contract Award – Roy Hill
MACA Limited (‘MACA’. )(ASX:MLD) is pleased to announce the award of a mining services contract with Roy Hill Iron Ore Pty Ltd at the Roy Hill iron ore operation in the Pilbara.
The Roy Hill project is owned by Hancock Prospecting Pty Ltd, Marubeni Corporation, POSCO and China Steel Corporation, and is located 115km north of Newman in Western Australia’s Pilbara region.
The project consists of open pit mining services, including load and haul and drill and blast, and is expected to generate approximately $70 million in revenue for MACA over the 12 month term, commencing early 2022.
MACA’s work in hand position including this contract is currently $3.0 billion.
MACA CEO Mike Sutton said “MACA is very pleased to be able to continue working with Roy Hill at its world-class iron ore operation, having commenced civil works at the project earlier this year.
Our team has a long standing relationship with Roy Hill, starting with first mining at the Roy Hill project, and MACA is proud to be an ongoing part of this operation.
This project will be undertaken utilising existing fleet, contributes to MACA’s secured mining work in hand for FY22 and FY23 and further secures our strong position in the Pilbara region.”
