Monadelphous wins BHP contracts

ENGINEERING firm Monadelphous Group has picked up construction and maintenance contracts from BHP with a combined value of about A$120 million.
Monadelphous wins BHP contracts Monadelphous wins BHP contracts Monadelphous wins BHP contracts Monadelphous wins BHP contracts Monadelphous wins BHP contracts

Staff reporter

Under the Western Australian iron ore asset panel framework with BHP, Monadelphous has won a contract to provide structural, mechanical and electrical upgrades at the Newman Hub and a contract associated with the dewatering of surplus water at Jimblebar mine site, both in the Pilbara.

Monadelphous has entered into an Olympic Dam asset projects framework agreement with BHP to provide multi-disciplinary construction services at the Olympic Dam copper mine in South Australia.

The company secured its first contract under the agreement for the supply and construction of acid storage tanks and connection to the existing operating acid plant.

Finally, the company's maintenance and industrial services division was awarded a contract to undertake a major dragline shutdown for BHP Mitsubishi Alliance at its Saraji coal mine in Queensland.

Monadelphous shares closed nearly 2% lower on Friday at $10.46, valuing the company at just under $990 million.