Engineering company Monadelphous (ASX:MND) has secured $170m worth of new construction and maintenance contracts and contract extensions in the resources sector.
Monadelphous has been awarded a construction contract with Lynas Rare Earths (ASX:LYC) for stage one of the Mt Weld expansion project in WA. The scope of work includes structural, mechanical and piping works associated with the new construction facility.
The company has also secured a multidisciplinary construction contract to undertake a series of upgrades at Fortescue’s (ASX:FMG) Anderson Point iron ore stockyard in Port Hedland, WA.
Monadelphous has been awarded a three-year services contract, with three one-year extension options to continue providing sustaining capital projects and maintenance support at Santos’ (ASX:STO) production and support facilities in the Southern Highlands region of Papua New Guinea.
BHP (ASX:BHP) has extended Monadelphous’ master services agreement for the supply of general maintenance services to its Pilbara iron ore operations through to June 30, 2025. The agreement also contains an additional one-year extension option.
The company has also secured a one-year extension to its mechanical and electrical maintenance, shutdown and project services contract across BHP’s Nickel West operations.
Finally, Monadelphous has secured a one-year extension to its sustaining capital works master services agreement with Rio Tinto (ASX:RIO), providing multidisciplinary project services across its Pilbara iron ore operations.
