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1.0¢ |
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Mkt cap ! $39.77M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.0¢ | $88.45K | 8.757M |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4502212 | 1.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2004076 | 3 |
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| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| M4M (ASX) Chart |
Our two businesses strategically aligned last year and we continue to collaborate on a range of initiatives across the Pilbara that we aim to convert into new contracting opportunities in the near future.
Macro also continues to make meaningful steps towards delivering our West Pilbara transhipping initiative having successfully engaged with key stakeholders over the past four months and now moving into the design and planning phase.
We aim to have this much needed, multi-user export solution for the West Pilbara become a reality over the next 12 months. This facility will unlock the many iron ore prospective tenements that are in Macro’s exploration portfolio as well as the many iron ore projects of other companies in the region. With this in mind, our geology team will be in the field next week carrying out final stage mapping at one of our iron ore projects to finalise the design of an inaugural RC drilling program we will look to execute at the project mid-year.
In the Eastern Pilbara, we have completed the conceptual design for our bulk commodities road train receival, stockpiling and processing hub on the Great Northern Highway, just 28kms east of Port Hedland’s multi-user berth, Utah Point and we are now getting stuck into detailed design and final equipment selection.
The hub is a perfectly situated, off-port storage and blending solution for those bulk commodity projects located further away from Port Hedland. Projects that will benefit from being able to stockpile product and campaign haul cargo into Utah Point just in time for ship loading, to greatly reduce risks associated with longer haulage and demurrage on shipping activities.
Separately, Nyapiri Macro Mining, our majority Indigenous owned JV that is local to Kariyarra, Ngarla and Nyamal country, has been heavily engaged with a variety of iron ore producers establishing working relationships and demonstrating capability as we look towards winning contracting work in and around the Port Hedland area.
We look forward to securing these exciting opportunities and growing our mining service presence in the months ahead.