Macmahon Subsidiary Lands $123M Lithium Project Deal
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Macmahon Subsidiary Lands $123M Lithium Project Deal

Macmahon Holdings Limited (AU:MAH) has released an update.

Macmahon Holdings Limited’s subsidiary, Decmil, has secured a significant $123 million contract for road upgrades at the Mount Holland Lithium Project in Western Australia. The project, which began in August 2023, is set to generate 220 jobs at its peak and contribute to Macmahon’s FY25 revenue guidance with an additional $64 million. This contract win showcases Decmil’s strengths in road construction and supports Macmahon’s growth following the recent acquisition of Decmil.

For further insights into AU:MAH stock, check out TipRanks’ Stock Analysis page.

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