Macmahon Holdings Secures AU$792 Million Queensland Mine Contract
MT Newswires Live
Dec 17
Macmahon Holdings (ASX:MAH) secured a three-year contract worth AU$792 million to continue to provide open cut mining services at the Byerwen coking coal mine in Queensland, according to a Wednesday filing with the Australian bourse.
The company has the option to extend the contract by an additional two years, taking the value of the contract to AU$1.32 billion, the filing said.
It retained its fiscal 2026 revenue guidance of AU$2.6 billion to AU$2.8 billion and underlying EBIT(A) of AU$180 million to AU$195 million.
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