Mastermyne Group Limited - Illawarra hat-trick

21 Views14 Oct 2026 05:00

Issuer-paid

SUMMARY

Mastermyne Group (ASX:MYE) announced a new mining services contract with GM3 at the Tahmoor underground metallurgical coal mine in NSW, adding more than 160 new roles and estimated gross revenue of ~$80m over an initial two-year term (up to ~$240m over six years if both two-year extension options are exercised).
This builds on Mastermyne's recent 140-role contract win at Dendrobium and its ~220-role contract at GM3’s nearby Appin mine, reinforcing the $432m order book and demonstrating its ability to convert the $1.5b opportunity pipeline.
The win also illustrates the benefit of its strategic shareholder relationship with M Group, through which it has now secured mining services contracts at three separate GM3 sites.

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