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Mastermyne Boosts EBITDA 14% Despite Revenue Dip Amid Grosvenor Fire Impact

6:24pm on Sunday 1st of June, 2025 AEST Mining Services
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Mastermyne Boosts EBITDA 14% Despite Revenue Dip Amid Grosvenor Fire Impact

6:24pm on Sunday 1st of June, 2025 AEST
Key Points
  • FY25 Q2 EBITDA increased 14% to $4.1 million despite 10% revenue decline
  • Revenue impacted by reduced manning at Anglo American’s Grosvenor mine after June 2024 fire
  • Contracts with Anglo American extended to April 2025; discussions underway for further extensions
  • New $15 million ventilation contract secured at Peabody Energy’s Centurion Mine
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