Highlights
- MLG Oz secures $20 million contract with Rio Tinto (RIO).
- Expansion follows major haulage deal with Westgold Resources (WGX).
- Growing footprint among ASX300 mining services providers.
Kalgoorlie-based mining services provider MLG Oz (ASX:MLG) is building on an impressive 2025 performance by winning a $20 million contract with Rio Tinto (ASX:RIO). This new agreement marks a significant step in MLG Oz’s expanding role within the resource sector and highlights its growing reputation as a key player in Australia’s mining industry.
The contract covers a broad range of off-road bulk ore haulage services, including material loading, rock breaking, unloading, stockpile management, and road maintenance at Rio Tinto’s Western Turner Syncline mine, located in the Pilbara region of Western Australia. The 12-month deal is expected to generate approximately $20 million in revenue, supporting ongoing mining operations.
This latest win follows a similar notable contract secured earlier this year with Westgold Resources (ASX:WGX). That agreement, which spans an initial three years, involves bulk haulage services to transport run-of-mine ore to processing facilities at Higginsville and Lakewood in WA’s Goldfields. MLG Oz also manages ore stockpiles and maintains haul roads under this contract, with potential annual revenue exceeding $25 million.
These developments are part of a wider trend of contract growth for MLG Oz, which has recently worked with other industry leaders such as Northern Star Resources (ASX:NST), Evolution Mining (ASX:EVN), and Norton Gold Fields. The company’s increasing presence among top-tier miners strengthens its position within the competitive ASX300 index.
MLG Oz’s Managing Director noted the possibility of this contract evolving into a longer-term partnership with Rio Tinto. The mining giant’s interest reflects MLG Oz’s innovative hub-and-spoke delivery model, which focuses on operational efficiency and quality service delivery — attributes highly valued in the current resource sector landscape.
For investors exploring ASX dividend stocks, companies like MLG Oz represent an intriguing part of the mining services ecosystem within the ASX300 index, where resource sector growth often contributes to attractive dividend potential.
MLG Oz’s recent contract wins showcase strong momentum and increasing influence in Australia’s mining services sector, reinforcing its role as a growing contributor to the ASX300 mining landscape.