Macro Metals' strategic growth in WA

Macro Metals (ASX:M4M) has successfully secured a strategic logistics and accommodation hub in Port Hedland, Western Australia. The company has entered into an agreement with WA Limestone Pty Ltd to utilize mining lease M45/1210, spanning 990 hectares, for various operational activities. This site is strategically located just 28 kilometers from the Utah Point Bulk Handling Facility, enhancing Macro Metals' logistical capabilities.

Comprehensive overview of acquisition details

Macro Metals has made a strategic move by securing a logistics hub in Port Hedland, WA, through an agreement with WA Limestone. This acquisition enables Macro to utilize the site for logistical and operational activities, with the site’s proximity to the Utah Point Bulk Handling Facility offering significant advantages. The existing infrastructure supports expansion of accommodation facilities and mining services like crushing and screening. Additionally, Macro has acquired an 80% interest in certain mining and exploration leases, to be developed jointly with WA Limestone, enhancing its logistics chain. Macro Metals aims to leverage this acquisition to provide complete mining services and to strengthen its position in the industry.

Executive insights on logistics hub acquisition

Macro's strategic acquisition of the Logistics and Accommodation Hub in Port Hedland marks a significant step in our growth strategy. The existing infrastructure, coupled with our expansion plans for accommodation facilities, positions us well to deliver comprehensive mining services. Our joint venture with WA Limestone to develop sands and aggregates further strengthens our supply chain capabilities, reducing risks for inland projects.