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$90 million order book for MACA

MACA has been awarded a new mining project and a number of new civil and infrastructure contracts with a total value of about $90 million.

MACA has been awarded a new mining project and a number of new civil and infrastructure contracts with a total value of about $90 million.

It has been signed on to a maintenance and operational fleet arrangement with Allkem Limited at its Mt Cattlin lithium project in Ravensthorpe, Western Australia.

The project is expected to generate about $12 million in revenue over the next six months and has the potential to lead to further work.

It will continue MACA’s mining services exposure to the lithium sector when the Pilbara Minerals Pilgangoora contract reaches the end of its term towards the end of the second half of 2022. This project will utilise existing fleet from within the MACA business.

The civil and infrastructure projects include building the bulk earthworks ponds for Lynas Rare Earths in Kalgoorlie in WA. The project value is about $34m and is expected to be delivered between Q1-FY23 and Q3-FY23.

MACA chief executive David Greig said the contract awards were great examples of the quality of MACA’s order book.

“Mining services for battery metals, capital light civil projects and long tenured infrastructure maintenance are all extremely attractive and deliberate pursuits for MACA,” he said.

“We look forward to delivering these projects and contributing to successful outcomes for our clients.”

Editor of industrial titles and mastheads with Prime Creative Media. Publications include Rail Express and Australian Mining (web content).
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