"McAleese Limited (McAleese Group) (ASX: MCS) today announced that its wholly owned subsidiary McAleese Resources Pty Ltd (McAleese Resources) has been awarded a fifth iron ore Haulage Contract with Atlas Iron Limited (Atlas) (ASX: AGO). The four year, ~$250 million contract for the Mt Webber project will involve loading and hauling approximately 3 million tonnes per annum (mtpa) of iron ore.
The contract is due to commence in mid 2014 with ore shipments expected to commence from the June quarter of 2014."
GDA Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
