MMG (01208): MMG Australia Limited Signs Rosebery Concentrate Sales Agreement with Minmetals North-Europe

Stock News2025-12-16

On December 16, 2025, MMG (01208) announced that MMG Australia Limited, the seller, entered into a Rosebery Concentrate Sales Agreement with Minmetals North-Europe for the sale of the product. The agreement covers 100% of the output for 2026 and 2027, with an estimated annual volume of approximately 6,000 dry metric tons of the product (precious metal concentrate produced from MMG's Rosebery mine in Tasmania, Australia).

Following a competitive bidding process to award the product to the buyer, the directors (including independent non-executive directors) believe that the agreement secures the best sales terms for the group. This includes delivering the product to specialized smelters with expertise in processing this specific type of concentrate.

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