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SIGNED, SEALED & DELIVERED
Marvellous start for was a pleasing start to the company’s jour- execute on our strategy to grow through ac-
ney as a listed entity. quisitions and at the same time strengthen-
newly-listed MLG Oz “I appreciative the support of all our new ing our position in rock processing,” Sand-
shareholders which include many MLG vik president and chief executive Stefan
Integrated mining services and logistics employees,” he said. “It’s through the hard Widing said.
business MLG Oz Ltd has enjoyed a strong work of our team and working with our Kwatani is headquartered in Johannes-
start to life on the ASX following a success- clients that we’ve been able to take the burg and has about 150 employees. The
ful IPO which raised $70.1 million. business to where it is today. We’re now transaction is expected to close during Q4
MLG shares closed at $1.265 – up 26.5% focused on getting on with the job of deliv- 2021 and is subject to relevant regulatory
on the $1/share issue price – on the com- ering for our existing clients every day and approvals.
pany’s opening day of trade on May 4. The taking the growth opportunities which lie in
stock was sitting just below its peak of $1.40 front of us.”
at the time of print. Double delight for NRW
With a market cap of just under $200 mil- Leading mining and civil contractor NRW
lion, the company provides a range of ser- New Sandvik business Holdings Ltd landed two significant contract
vices to mine sites, integrated around the lands first purchase awards last month via its wholly owned sub-
needs of clients’ ore processing facilities. sidiaries Primero Group and RCR Technol-
MLG’s offering includes crusher feed, Sandvik has signed a deal to acquire ogies.
road maintenance, rehabilitation work, ve- South African-based company Kwatani, a Primero was awarded a $135 million
hicle maintenance, machine and labour leading supplier of screens and feeders for EPC contract by Strandline Resources Ltd
hire and mine site haulage, including end- the mining industry. for the Coburn mineral sands project in
to-end logistics solutions, with a dedicated The Kwatani product offering includes WA’s Mid West region. The scope includes
facility at Esperance Port. screens, feeders, fine separators, drives the delivery of both the wet concentrate
The Perth-based company also has a and services, All will be reported in the Sta- plant and the minerals separation plant.
number of 100%-owned quarries which are tionary Crushing and Screening division of Construction will peak in 2022 with a work-
strategically located near existing mining Sandvik Rock Processing Solutions. force of 180 people, ahead of its expected
operations for the efficient supply of bulk Kwatani is the first acquisition since the completion later that year.
construction materials comprising sand, Sandvik Rock Processing Solutions busi- RCR was awarded a $27.2 million con-
aggregate and lime. ness area was established at the beginning tract for the design and construction of a
MLG founder, managing director and of 2021. primary crushing plant at Fortescue Metals
majority shareholder Murray Leahy said it “I am pleased that we are continuing to
MLG Oz founder Murray Leahy is all smiles after the company’s successful listing on the ASX last month
A WORLD OF INTEGRATED
SUPPLY CHAIN SOLUTIONS
Africa logistics specialists / consolidations / multi-modal /
remote site logistics / warehousing / full documentation management /
projects / freight forwarding / road - air - ocean - charter
Page 68 JUNe 2021 aUSTRaLIa’S PaYDIRT

