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MLG Oz Surges 73% Profit Despite Weather and Safety Setback

8:56am on Tuesday 17th of February, 2026 AEDT Mining
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MLG Oz Surges 73% Profit Despite Weather and Safety Setback

8:56am on Tuesday 17th of February, 2026 AEDT
Key Points
  • Revenue increased 5.3% to $287.2 million
  • Net profit after tax jumped 73.3% to $7.1 million
  • Early quarter weather disruptions impacted operations
  • Safety fine of $750,000 imposed for 2022 incident
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