Macmahon secures $247m contract for Mt Marion lithium project
The Mt Marion site is co-owned by Mineral Resources and Jiangxi Ganfeng Lithium.
15 July 2026
15 July 2026
The Mt Marion site is co-owned by Mineral Resources and Jiangxi Ganfeng Lithium.
Following completion of the transaction, Genesis shareholders are expected to own roughly 59.8% of the combined group.
The programme aims to gather data for metallurgical, geotechnical and grade validation purposes.
Sampling of mineralised intervals is currently in progress and assay results are anticipated by late August.
The pilot plant engineering aims to meet military-grade antimony trisulfide specifications established by the US Department of War.
The decision follows a previous move earlier in the year to pause the Tuzo phase three expansion at the Gahcho Kué mine.
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Weir, a mining technology company, has secured a multimillion-dollar contract in quarter two with a major Chinese non-ferrous metals company to supply WARMAN® pumps for the Phase III expansion of a Xizang copper mine.
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