Contractor Macmahon’s wholly owned subsidiary, Macmahon Underground Pty Ltd, has executed a contract for underground mining services at the Mt Marion lithium operation in Western Australia.
The contract is for an initial period of three years and is valued at A$355 million. It includes an option to extend for a further one year. The scope of works includes all underground development and production mining operations.
The appointment marks a significant milestone in the progression of underground mining at Mt Marion and signals the next phase of development at one of Australia’s leading lithium operations.
“Macmahon is excited to partner with MinRes and Jiangxi Ganfeng Lithium to deliver the next
phase of underground mining at Mt Marion,” Michael Finnegan, managing director and CEO of Macmahon, said.
“This is a high-quality, long-term opportunity to collaborate alongside strong, aligned partners, and positions Macmahon Underground firmly on the global stage as a tier one contractor in future-facing commodities. We look forward to working closely with the Joint Venture to unlock the full potential.”
Mt Marion is jointly owned 50-50 by Mineral Resources and Jiangxi Ganfeng Lithium. It is located 70 km south of Kalgoorlie
Sources: Macmahon and Mineral Resources