MACA Limited announced the award of a new mining project and a number of new civil and infrastructure contract awards with a total value of approximately $90 million. MACA has been issued with a notice of award in relation to a maintained and operated fleet arrangement with Allkem Limited at its Mt Cattlin lithium project in Ravensthorpe, Western Australia. The project is expected to generate approximately $12 million in revenue over the next six months and has the potential to lead to further work at the Mt Cattlin Project.

This project will continue MACA's mining services exposure to the lithium sector when the Pilbara Minerals Pilgangoora contract reaches the end of its term towards the end of the second half of 2022. This project will utilise existing fleet from within the MACA business. MACA has been awarded a number of new contracts in its civil and infrastructure division, including: Bulk Earthworks Ponds Project for Lynas Rare Earths Limited.

This project relates to the construction of bulk earthworks and liner installation for six new ponds at the Lynas Rare Earth's processing facility in Kalgoorlie in Western Australia. The project value is $34 million and is expected to be delivered between first quarter of FY23 and third quarter of FY23. Unsealed Road Maintenance for the Yarra Ranges Council in Victoria.

This project relates to the provision of unsealed road maintenance and drainage works, including supply of pavement materials and grading of 700+kms of unsealed road network. The project value is $30 million over the initial five year term. Minor guardrail and civil projects of $16 million, including the Stud Road safety barrier installation project for the Department of Transport and the construction of the Gipps Street Ramp for Parks Victoria, expected to be delivered during FY23.