Posted on 09 Oct 2025
Macro Metals has been awarded the life-of-mine mining services contract for the Extension iron ore project in Western Australia. The company is targeting a construction start and operation commencement by late 2026, Kallanish notes.
The firm says in a statement that the project, located 270km south-south-east of Port Hedland in the Eastern Pilbara, comprises three granted mining leases.
It is within economic trucking distance of the Utah Point Bulk Handling Facility (UPBHF) and already holds Ministerial Statement 1005, which conditionally approves a 2-4 million tonnes/year iron ore operation.
As part of its contract scope, its subsidiary Macro Mining Services has finalised the pathway to secure all remaining approvals necessary to begin construction and operation.
The subsidiary, working with head contractor, REGROUP, has engaged a civil engineering company to finalise a cost-effective haul road corridor connecting the site to the Great Northern Highway.
Appointed as the exclusive sales and marketing entity, Macro Mining Services has engaged with potential offtake partners and reported positive feedback on expected commodity pricing.
Crucially, the subsidiary has begun negotiating an offtake agreement that includes a pre-payment facility. This facility could potentially be used to fund capital expenditure for development and construction.
The subsidiary will now complete a feasibility study to allow stakeholders to make a final investment decision (FID).
Based on consultant and government feedback, Macro Mining Services considers all remaining approvals feasible, allowing construction and operations to commence by late 2026, subject to the FID.
Source:Kallanish
