Mastermyne Group (ASX:MYE) said that Anglo American Steelmaking Coal has provided a letter of intent to extend the company's contracts for its three underground operations to April 4, 2026, from the current end date of Oct. 5, according to a Thursday Australian bourse filing.
The value of these contract extensions is estimated to be AU$31 million, the filing added.
The company's shares rose 4% in recent Thursday trade.
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