MLG Oz Signs $75 Million Haulage Contract With Westgold Resources; MLG Shares Fall Past 14%

MT Newswires Live

Feb 18, 2025

MLG Oz (ASX:MLG) executed a contract with Westgold Resources (ASX:WGX) for the provision of bulk haulage services and an agreement to supply goods and services across its southern operations in Western Australia, according to a Tuesday Australian bourse filing.

The bulk ore haulage services will transfer run-of-mine ore from Westgold's mines to its Higginsville and Lakewood processing facilities.

MLG will also be responsible for the management and maintenance of ore stockpiles on the run-of-mine pads at Westgold's mines, as well as ongoing haul road maintenance.

The contract has an initial three-year term, starting in March.

MLG shares fell past 14% in early trading on Tuesday, while Westgold Resources' shares gained 1%.

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