MACA to kick off works on a lithium project with Pilbara Minerals

Company News

by Jessica Amir

MACA (ASX:MLD) has been awarded a 2-year lithium open pit mining contract, south of Western Australia’s Pilbara region.

The mining and construction company won the contract for work at Pilbara Minerals’ (ASX:PLS) Pilgangoora Project and will start working at the site in November.

MACA will be involved in drilling, blasting, loading and hauling, with three one-year optional contract extensions, at the discretion of Pilbara Minerals.

The company says it will use both new and existing plant and equipment and looks forward to being a part of the growing lithium industry.

Shares in MACA (ASX:MLD) closed 4.7 per cent lower yesterday to $1.93.
 

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.