Australia MLG Oz gains on A$80 mln contract win

MLG Oz

17/12/2024 24:42

** MLG Oz  MLG.AX  rises as much as 4.4% to A$0.590; biggest
intraday pct gain since Nov. 27
    ** Mine-site services provider gets A$80 mln ($51 mln)
project from Evolution Mining  EVN.AX  to build a 26-km
all-weather bitumen sealed haul road between Castle Hill mining
centre and Mungari mill in Australia
    ** Stock at its highest level since Dec. 12
    ** MLG down 7.2% YTD

($1 = A$1.5701)

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))