Beament’s Develop wins Mt Marion contract
ASX-listed Develop Global, the mining start-up of Bill Beament, has won a A$46-million underground development contract to establish and develop an exploration decline at the Mt Marion lithium mine, in Western Australia.
Mt Marion, which is a joint venture between Mineral Resources and Ganfeng Lithium, is 40 km from Kalgoorlie and also 95 km from Develop’s Pioneer Dome lithium project.
The project has an 18-month term and is expected to start in early 2024.
“We have built a world-class underground mining team with immense experience in developing and operating underground operations, especially in WA.
“The strength of this team is shown by the outstanding results we are generating at the Bellevue gold mine, where the project is running on time and on budget,” said Beament.
He stated that the Mt Marion contract was consistent with the company’s stated strategy of securing two to three contracts within its mining services division.
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