Monadelphous wins $150M resources contracts
Key points
- Monadelphous secured several new resource contracts valued at approximately $150 million.
- The awards cover work for major miners, including Rio Tinto, BHP, and Whitehaven Coal.
- The contract pipeline extends long-term maintenance and construction work through to mid-2028.
Monadelphous Group (ASX:MND) has secured a series of new contracts in the resources sector valued at approximately $150 million.
The new deals expand the company's long-standing operational presence across key mining projects in Western Australia, Queensland, and New South Wales.
The work packages include a four-year contract to continue maintenance services on Rio Tinto (ASX:RIO) marine infrastructure at the Dampier and Cape Lambert Ports.
Additional scope features a BHP (ASX:BHP) contract for temporary facilities at the Ministers North Project in the Pilbara through mid-2028, along with a three-year shutdown services deal for Whitehaven Coal (ASX:WHC).
These contract awards help strengthen the engineering group's forward order book across multiple mining regions.
Following the announcement, the Monadelphous Group share price was unchanged at $28.54.
Monadelphous provides construction, maintenance, and industrial support services across the resources, energy, and infrastructure sectors.
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