Monadelphous Group announced contracts update

Monadelphous Group Limited (ASX: MND) announced that it had secured a contract extension and new contracts in the infrastructure, resources, and energy sectors totalling approximately AU$110 million. The company has secured the contract for three years to the port operations in the Pilbara region of Western Australia and BHP WAIO Site Engineering Panel to provide multi-disciplinary services at BHP’s mine site. The company also received a 5-year contract to deliver pipeline maintenance services in the Queensland coal seam gas market.

Buildtek, company’s maintenance and construction services business in chili has received several contracts with Minera Escondida. This comprises two contracts at the Escondida copper mine for improvements to the water capture and drainage system and repairs associated with the oxide tank. It has also entered into a contract for repairs and developments to water storage tanks at the Puerto Coloso Filter Plant. All work are projected to be completed in 2023.

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