Leading engineering group Monadelphous Group Limited (MND) today announced it has secured new construction contracts and additional work with a combined value of approximately $130 million. The contracts are in the iron ore market in Western Australia and in the gold market in New South Wales.
In Western Australia, Monadelphous has been awarded a contract with BHP Billiton Iron Ore to modify and upgrade two transfer stations as part of its expansion program at Finucane Island, Port Hedland. The company will also undertake work with China Metallurgical Group Corporation at CITIC Pacific Mining’ Sino Iron operation at Cape Preston, WA. This involves structural steel and mechanical works for the autogenous grinding mill and is expected to be completed in the second quarter of calendar year 2011.
In NSW, Monadelphous has been awarded a structural, mechanical and piping package to upgrade and expand the existing gold processing plant, and a below-ground fabrication package, with Newcrest Mining Limited. These are part of Newcrest’ Cadia East Proj near Orange. The work is expected to be completed in the fourth quarter of calendar year 2011. The latest agreements take the value of new contracts and additional work secured since June to approximately $400 million.
“These contracts, secured on quality projects, provide us with a solid platform to build on for the 2011 financial year,”Monadelphous Managing Director Rob Velletri said. Monadelphous Group Limited is a leading Australian engineering group providing services to the resources, energy and infrastructure industry sectors. The company has a solid track record in the safe and effective delivery of complex and large-scale engineering construction projects and maintenance and industrial services for industry. The mining and energy sectors have been the major focus of Monadelphous’ work but the company is becoming increasingly diversified with growing involvement in the infrastructure sector.
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Tags: Construction Services, Mining Services, MND, Monadelphous, New contract
