Australia's MLG Oz rises on receiving contract from Fortescue units

MLG Oz

17/07/2025 01:45

** Shares of Australia's MLG Oz MLG.AX rise as much as 4.7% to A$0.78, their highest level since July 7

** Stock marks its biggest intraday pct gain since June 17

** Mining support services provider awarded two-year crushing and screening contract with units of Australian miner Fortescue FMG.AX

** Contract for the provision of crushing & screening services across Fortescue's Christmas Creek, Cloudbreak, Solomon, and Eliwana sites in Western Australia

** Stock is up 41.8% YTD, including the session's moves

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))