Macmahon Finalises $1.1b contract for Greenbushes project, WA
- Macmahon Holdings (MAH) finalises a load-and-haul services contract with Talison Lithium Australia for the Greenbushes lithium project in WA
- The news comes on the back of Macma hon being selected as the preferred load and haul contractor for the project
- The agreement involves open cut mining activities of load and haul, plus crusher feed which will start from July 1 and span a seven-year period
- The contract has the option to extend for a further two years, and is estimated to generate revenue in excess of $1.1 billion over the contract’s term
- The company Holdings is up 7.41 per cent, trading at 14.5 cents at 2:24 pm AEDT
