Macro Metals Limited (ASX:M4M) Forms Second Indigenous Joint Venture
Joint Venture Formation
Macro Metals Limited (ASX:M4M) has established Robe River Kuruma Macro Mining Pty Ltd, its second Indigenous joint venture. The partnership between Macro’s subsidiary, Macro Mining Services Pty Ltd, and Robe River Services Pty Ltd, with Robe River Services holding 51% of the shares, aims to focus on contracting and rehabilitation opportunities in the West Pilbara region.
Benefits of the Joint Venture
RRKMM will leverage Macro’s mining expertise and safety systems alongside Robe River Kuruma Aboriginal Corporation’s cultural insights. The joint venture aims to create employment and training opportunities for Indigenous communities, provide preferred status in local mining projects such as the Robe Valley Iron Ore Project and the Onslow Iron Project, and ensure environmentally responsible mining practices.
Executive Comments
Managing Director Simon Rushton commented, “I am delighted to announce the formation of Robe River Kuruma Macro Mining Pty Ltd. The incorporation of this joint venture is the product of respectful and rewarding dialogue with the executive teams and boards at both the Robe River Kuruma Aboriginal Corporation and Robe River Services. This stands to be a deeply symbiotic partnership that will benefit the Robe River Kuruma People, all Macro stakeholders as well as mining companies operating on RRK Country.
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