MLG Secures $8M Civil Construction Contract with 29Metals

MLG is pleased to announce that it has been awarded a scope of works for the stage 1 construction of TSF4 with Golden Grove Operations Pty Limited a subsidiary of 29Metals. The facility is for their Golden Grove operation a copper, zinc, gold and silver asset located in the Mid-West region of Western Australia. 29Metals is a new client for MLG and we are pleased to be able to support their expansion of the Golden Grove mine.

The project is expected to generate approximately $8.0m in revenue over a six month period commencing in late June 2024.

Highlights:

Successfully awarded tender for provision of works at Golden Grove.

• Subject to agreement of final contract terms and conditions.
• Mobilization to commence as soon as practical prior to 20 June 2024.
• Six months construction schedule with expected revenue to be approximately $8M.
• Execution of final contracts is a condition precedent.

“We very much look forward to supporting 29Metals with this project and appreciate the importance of a new client
relationship. This recognises the expertise MLG has developed in civil and tails dam construction space that has contributed to the further enhancement of our integrated operating model, we look forward to a successful outcome for both MLG and 29Metals in
the delivery of this project.”

Murray Leahy Managing Director MLG Oz Limited