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Company News Summary

Monadelphous Group Provides Contracts Update

17 Nov 2021  |  14:19:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Monadelphous Contracts Update

Monadelphous Group announced the Company has secured new contracts and contract extensions in the resources sector adding to $110m. The Company has secured a 12-month extension to its contract with BHP Iron Ore for the provision of general maintenance services for shutdowns, outages and minor capital works at the Mt Whaleback, Jimblebar, Eastern Ridge, Mining Area C and Yandi mine sites located in the Pilbara region of WA. The Company has been awarded new contracts with Rio Tinto in the Pilbara under its sustaining capital projects panel agreement for the upgrade of conveyor gravity take up systems at East Intercourse Island and Cape Lambert, with work expected to be completed in the third quarter of 2022; and the construction of new hawser rails, and more.

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