MLG Oz Limited announced that it has agreed with Fortescue that the contract under which MLG provides crushing and screening services at Fortescue's Christmas Creek operations will complete on 30 June 2021. This is five months earlier than the previously agreed completion date, allowing MLG to pursue contracts with other counterparties that would involve redeployment of the Crushing Plants, delivering improved financial outcomes for the business. Under the terms of the agreement, FMG will make a lump sum payment to MLG to close out the contract terms and cover the costs of the demobilisation of the Crushing Plants. The Crushing Plants are modular in nature and able to be broken down into movable components for use at alternative sites. MLG is seeing high demand for crushing services across the industry and is already in discussions with potential new clients regarding the redeployment of the Crushing Plants. In the interim, Fortescue has agreed that the Crushing Plants may remain at Christmas Creek prior to their redeployment, and MLG is confident of re-directing its Christmas Creek employees into roles within the Company's existing operations. The agreement reached with Fortescue now provides an opportunity for MLG to pursue new opportunities which have the capability of delivering improved financial outcomes for the business.