MLG wins $48m contract at Pioneer Dome Lithium Project

MLG secured an integrated mining and crushing services contract worth A$70m ($48.23m) at the Pioneer Dome Lithium Project in Western Australia. The 12-month campaign, awarded by Develop Global, is scheduled to begin in July 2026. All contract revenue will be recognised within the 2027 financial year.

The work covers drill and blast operations, load and haul, and stockpile management. MLG will also operate the crushing circuit using its own equipment and core production fleet. The Pioneer Dome site sits roughly 130km south of Kalgoorlie, with sealed road access and established regional infrastructure. Develop Global targets first ore production from the Cade Pit in the December quarter of 2026, via direct shipping.

This contract marks MLG's first foray into lithium services at a development-stage project. It follows a larger tie-up with Rio Tinto in May 2025 for bulk haulage and site services at the Western Turner Syncline mine. Rio Tinto (RTNTF) carries an Alpha Score of 62 on AlphaScala, reflecting moderate risk in the basic materials sector.

MLG said there may be opportunities to expand its crushing services if Develop advances additional phases at Pioneer Dome, though any further work would depend on separate commercial agreements.

The contract runs 12 months, with all revenue recognised in the 2027 financial year.