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Metarock Group Limited ( (AU:MYE) ) has issued an update.
Mastermyne Group Limited has secured significant contract extensions and new agreements, enhancing its position in the underground coal mining industry. The company confirmed a six-month extension of contracts with Anglo American Steelmaking Coal, valued at approximately $31 million, and signed a three-year agreement with Yancoal Australia, estimated between $15 and $20 million. These developments are expected to strengthen Mastermyne’s market presence and align with its strategic vision of being a valued partner in the industry.
More about Metarock Group Limited
Mastermyne Group Limited operates in the underground coal mining industry, providing specialized services such as outbye, ventilation, and strata consolidation. The company focuses on building long-term partnerships with major players in the coal mining sector.
Average Trading Volume: 142,585
Technical Sentiment Signal: Sell
Current Market Cap: A$43.21M
See more insights into MYE stock on TipRanks’ Stock Analysis page.