Monadelphous scoops up new contracts and extensions worth $120 million across resources sector

Engineering company Monadelphous Group (ASX:MND) has landed new contracts and contract extensions valued at up to $120 million across the resources sector.

The company reports it has secured 2 contracts with Rio Tinto (ASX:RIO) under its Sustaining Capital Projects Panel Agreement to undertake upgrades to the conveyor gravity take-up systems at the Tom Price and Cape Lambert Port A iron ore projects in the Pilbara region of Western Australia.

Additionally, Monadelphous has also secured a further 3-year framework agreement for BHP’s (ASX:BHP) Western Australian Iron Ore Asset Projects, where it will provide multi-disciplinary works to BHP’s operations in the Pilbara region.

In Queensland, the company has secured a 3-year contract with BHP Mitsubishi Alliance (BMA), with 2 single-year extension options to continue providing shutdown and maintenance services, along with minor capital projects on BMA’s draglines and coal preparation plant operations in the Bowen Basin.

Monadelphous also reports it has been awarded a 12-month contract extension for the supply of major shutdown and mechanical services at South32’s (ASX:S32) Worsley Alumina operations in Western Australia.

Monadelphous Group is a Perth-based engineering group that has over 50 years of experience in providing construction, maintenance, and industrial services to the resources, energy, and infrastructure sectors.

The company operates across 2 divisions, with Engineering Construction providing ‘large-scale’ multi-disciplinary project management and construction services, while the Maintenance and Industrial Services division specialises in planning, managing, and executing mechanical and electrical maintenance services, shutdowns, fixed plant maintenance services, and sustaining capital works.

Monadelphous has a major office in Brisbane, along with offices, projects, and workshops across Australia and in China, Mongolia, Papua New Guinea, and the Philippines.

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Images: Monadelphous Group Ltd
Written By Harry Mulholland
Hailing from the Central Coast region of NSW, Harry is a passionate journalist with a background in print, radio and ESG news. When not bashing away on his keyboard, he can be found brewing a coffee or playing with his dog.