MLG Awarded ~$70m Integrated Mining & Crushing Contract at Pioneer Dome Lithium Project

Key Highlights:

• Award of an integrated open pit mining and crushing services contract with ASX-listed Develop Global Limited at the Pioneer Dome Lithium Project, located in the Eastern Goldfields in Western Australia.
• Initial 12-month campaign expected to commence in July 2026.
• Estimated total contract revenue of approximately A$70.0 million, contracted in full within the 2027 financial year.
• Civil and Crushing scope includes open pit mining and crushing services supporting the establishment of the Cade Pit within the Pioneer Dome Lithium project. Work includes drill and blast, ore and waste mining, load and haul, ROM stockpile management, ore rehandle, and the supply, operation and maintenance of the crushing circuit.
• Establishes MLG’s services presence at one of Western Australia’s emerging lithium projects.

MLG is pleased to announce the award of a fully integrated open pit mining and crushing services contract with Develop Global Limited (ASX: DVP) (Develop) at the Cade Pit, the inaugural mining stage of Develop’s Pioneer Dome Lithium Project in Western Australia.

The Pioneer Dome Lithium Project is located approximately 130 km south of Kalgoorlie in Western Australia, with sealed road access and well-established regional infrastructure. The Cade Pit is the inaugural open pit mining stage of the Project, with Develop targeting first direct shipping ore production in the December quarter 2026.

Under the contract, MLG will provide a comprehensive suite of services supporting operations at Pioneer Dome, including drill and blast, ore and waste mining, load and haul, ROM stockpile management, ore rehandle, and the supply, operation and maintenance of the crushing circuit.

The contract is expected to generate approximately A$70.0 million in revenue across its 12-month term and represents a material revenue contribution to MLG’s mining services and crushing portfolio through FY27. MLG anticipates that the crushing scope may extend as Develop progresses subsequent phases of work at Pioneer Dome. Any extension will be subject to future commercial arrangements between MLG and Develop.

Operations will be supported by MLG-owned crushing assets and core production fleet, providing meaningful operational control and asset utilisation across the campaign.

“The award of the Pioneer Dome contract is a strategically important step for MLG. It positions us alongside one of the most credible emerging producers on the ASX and marks a meaningful entry into the lithium services market.

This integrated scope of work, spanning drill and blast, load and haul, crushing and site services under a single accountable framework, showcases the depth of MLG’s self-perform capability and reinforces the value of its integrated service model for clients seeking a trusted, end-to-end services partner.

We look forward to working closely with Develop to deliver this initial stage of activity safely and efficiently, and to building a strong relationship as Develop progresses its broader plans for Pioneer Dome.”

Mark Hatfield Chief Executive Officer