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Macro Metals Secures Life-of-Mine Contract for Extension Iron Ore Project

Story Highlights
  • Macro Metals Limited’s subsidiary wins a mining services contract in Western Australia.
  • The contract will generate immediate cash flow and strengthen Macro’s market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Macro Metals Secures Life-of-Mine Contract for Extension Iron Ore Project

The latest announcement is out from Kogi Iron Ltd. ( (AU:M4M) ).

Macro Metals Limited has announced that its subsidiary, Macro Mining Services Pty Ltd, has been awarded a comprehensive mining services contract for the Extension Iron Ore Project in the East Pilbara Region of Western Australia. This contract, which spans the life of the mine, includes providing technical services, mine site establishment, and operations in collaboration with RE:GROUP Pty Ltd. The project is strategically located near major iron ore operations and is expected to generate immediate cash flow for Macro, enhancing its market position and operational capabilities.

More about Kogi Iron Ltd.

Macro Metals Limited is a company operating in the mining industry, focusing on providing mining services through its subsidiary, Macro Mining Services Pty Ltd. The company is involved in technical services, exploration, permitting, and other mining operations, primarily targeting iron ore projects in Western Australia.

YTD Price Performance: 10.0%

Average Trading Volume: 5,700,493

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$43.54M

See more data about M4M stock on TipRanks’ Stock Analysis page.

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