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The latest update is out from Metarock Group Limited ( (AU:MYE) ).
Mastermyne Group Limited has secured a six-month extension of its contracts with Anglo American Steelmaking Coal, expected to generate $25-$30 million in revenue. This extension reinforces Mastermyne’s long-standing partnership with Anglo American, highlighting its significant role in supporting underground mining operations in Central Queensland. However, Anglo American’s Moranbah North Mine has temporarily suspended operations due to a recent incident, with only essential services currently being conducted.
More about Metarock Group Limited
Mastermyne Group Limited is a company operating in the mining services industry, specializing in providing specialist contracting services to underground operations. The company has a strong market focus on long-term relationships with major players in the steelmaking coal sector, particularly in Central Queensland.
Technical Sentiment Signal: Strong Buy
Current Market Cap: €28.14M
Find detailed analytics on MYE stock on TipRanks’ Stock Analysis page.
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