Monadelphous Contracts Update

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Stock Monadelphous Group Ltd (MND.ASX)
Release Time 10 Nov 2025, 8:20 a.m.
Price Sensitive Yes
 Monadelphous Awarded $140M in New Contracts
Key Points
  • Secured 3-year extension to maintenance master services agreement with BHP's iron ore operations
  • Reappointed to BHP's WAIO Site Engineering Panel for 2 more years
  • Awarded contract for works at Finucane Island port facilities in Port Hedland
Full Summary

Engineering company Monadelphous Group Limited (ASX: MND) has announced the award of new construction and maintenance contracts in the resources sector valued at approximately $140 million in aggregate. The company has secured a three-year extension to its maintenance master services agreement across BHP's iron ore operations in the Pilbara region of Western Australia. Monadelphous has also been reappointed to the Western Australia Iron Ore (WAIO) Site Engineering Panel for a further two years, providing multidisciplinary services to BHP's Pilbara iron ore mines, ports and rail facilities. Additionally, the company has secured a contract under its BHP WAIO Asset Projects Framework Agreement for works at Berths C and D at the Finucane Island port facilities in Port Hedland, with work expected to be completed in the second half of 2026. In South Australia, Monadelphous has secured a package of work under its BHP Olympic Dam Construction Panel Framework Agreement for the construction and installation of acid plant cooling towers at Roxby Downs, with work expected to be completed in the first half of 2026. Finally, the company has secured a contract with Rio Tinto under its marine structural integrity works master agreement for the replacement of a section of roadway at Cape Lambert Wharf, and has also secured a 12-month extension providing marine infrastructure maintenance and minor projects at Rio Tinto's Cape Lambert and Dampier ports.

Guidance

The company has secured new construction and maintenance contracts in the resources sector valued at approximately $140 million in aggregate.