Monadelphous secures major construction contract with BHP

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Stock Monadelphous Group Ltd (MND.ASX)
Release Time 5 Aug 2026, 8:16 a.m.
Price Sensitive Yes
 Monadelphous secures major construction contract with BHP
Key Points
  • Contract awarded to Monadelphous Group Limited for Port Debottlenecking Project 2
  • Contract value around $200 million
  • Work expected to be completed in 2028
  • Strengthens Monadelphous's long-term customer relationships with BHP
Full Summary

Monadelphous Group Limited (ASX: MND) has announced the award of a significant construction contract with BHP, valued at approximately $200 million, for the Port Debottlenecking Project 2 (PDP2) at BHP's Nelson Point Port Facility in Port Hedland, Western Australia. The contract involves the installation and commissioning of structural, mechanical, piping, electrical, and instrumentation activities for the new Car Dumper 6 (CD6) and supporting materials handling facilities. Work is set to commence immediately and is expected to be completed in 2028. Monadelphous's Managing Director Zoran Bebic emphasized the contract award as a reflection of the company's strong customer value proposition, built on long-term relationships and a proven track record of delivery.

Guidance

Contract value around $200 million, expected completion in 2028

Outlook

Monadelphous anticipates successful delivery of the PDP2 project, enhancing its long-term relationship with BHP and increasing Port capacity.