Latest Macro Metals (ASX:M4M) News

Macro Metals has agreed in principle to sell its Agbaja Iron Ore Project in Nigeria to RSIN Nigeria Limited for US$5.67 million, allowing the company to refocus on Western Australian operations.

Big project news kept landing across gold, rare earths and battery minerals, but many small-cap share prices still fell hard. The week belonged to a giant gold merger at the top end, while further down the board early excitement often gave way to selling.

Macro Metals has secured 100% of the Yandi South Iron Ore Project, adding a historical 4.28Mt resource and promising exploration upside near major Pilbara mines. The deal complements its existing Extension Iron Project stake and mining services contracts.

Macro Metals has uncovered high-grade iron assays up to 62.1% Fe in newly mapped areas adjacent to its existing 16.1Mt @ 54.2% Fe resource at the Extension Iron Project, while environmental surveys clear the way for upcoming approvals.

Nyapiri Macro Mining, a majority Indigenous-owned contractor, has landed its inaugural $12.52 million work package under a BHP framework agreement, marking its emergence as a Tier-1 Pilbara mining services provider.

Macro Metals’ subsidiary Macro Mining Services has landed an exclusive 36-month mining services contract with Metal Logic, supporting the rollout of innovative modular smelting technology in the East Pilbara. The first work package at Poondano Mine is set to start mid-2026, promising regional economic and Indigenous engagement benefits.

Macro Mining Services has partnered with Austral Pacific to tap into gold tailings and stockpiles at the Paris Gold Mine, aiming to turn historical waste into revenue through a 50:50 profit share after expense recovery.

Macro Metals Limited has secured shareholder approval for a A$5.3 million budget to push the Extension Iron Ore Project in Western Australia towards mine construction readiness, marking a significant step in its development.

Nyapiri Macro Mining, a majority Indigenous-owned mining services company, has locked in a multi-year framework agreement with BHP, promising streamlined operations and enhanced Indigenous participation at the Mt Goldsworthy site.

Macro Metals Limited has advanced its strategic position by securing export access at Utah Point and acquiring a 27.3% stake in the Extension Iron Ore project, setting the stage for growth in FY26.

Macro Metals Limited has completed the acquisition of a 27.3% interest in the Extension Iron Ore Project, positioning itself to move beyond mining services into direct iron ore production with first ore targeted for late 2026.

Macro Metals has confirmed access to Utah Point at Port Hedland, enabling export of up to 4 million tonnes per annum from its Extension Iron Ore Project starting late 2026. This milestone advances project financing and production plans.