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MONADELPHOUS GROUP LIMITED — Capital/Financing Update 2009
Sep 21, 2009
65357_rns_2009-09-21_1f739e37-b6db-48fe-a375-f61af15f0fa1.pdf
Capital/Financing Update
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Monadelphous Group Limited
A.B.N. 28 008 988 547 PO Box 365 Applecross WA 6953 1 Sleat Road Applecross WA 6153 Telephone: (08) 9316 1255 Facsimile: (08) 9316 1950
22 September 2009
Company Announcements Australian Stock Exchange Limited Level 4, 20 Bridge Street Sydney NSW 2000 Australia
Dear Sir/Madam
Re: Monadelphous awarded $85 million contract
Please find attached a copy of the media release to be issued today by Monadelphous Group Limited.
Yours sincerely
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PHILIP TRUEMAN Company Secretary
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ASX MEDIA RELEASE
22 September 2009 MONADELPHOUS AWARDED $85 MILLION CONTRACT
Perth: Leading Australian engineering company Monadelphous Group Limited (ASX: MND) (“Monadelphous” or “the company”) today announced it has secured a significant construction contract with Rio Tinto Iron Ore for major works associated with Phase I of the Brockman 4 development, in the north west of Western Australia. The contract is valued at approximately $85 million.
The scope of the contract includes structural, mechanical and piping works for the supply, preassembly and installation of the dry processing system which comprises primary crushing, secondary crushing, product screening, stockyards and train load out facilities.
Monadelphous Group Managing Director Rob Velletri said that the Brockman 4 project follows on from a long history of successful projects for Rio Tinto Iron Ore including recent works on the Cape Lambert 80Mtpa and Dampier Port Phase B Upgrades.
“This win reflects both our long term relationship with Rio Tinto Iron Ore and our ability to safely deliver on large scale, engineering construction projects,” he said.
“We look forward to continuing our valued and long term association with Rio Tinto Iron Ore,” added Mr Velletri.
Project works will commence immediately with substantial completion scheduled for the third quarter of 2010.
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FURTHER INFORMATION:
Analysts/Investors: David Loch Media: David Tasker Investor Relations Manager Group Director Monadelphous Group Limited PPR +61 8 9315 7429 +61 8 9388 0944 +61 411 144 787 +61 433 112 936 [email protected] [email protected]
ABOUT MONADELPHOUS
Monadelphous Group Limited is a leading Australian engineering group providing services to the resources, energy and infrastructure industry sectors. The Company has a solid track record in the safe and effective delivery of complex and large-scale engineering construction projects and maintenance and industrial services for industry throughout Australia. Monadelphous’ capabilities encompasses civil, mechanical, structural and electrical disciplines. Although the mining sector has been the major focus of Monadelphous’ work, the Company is becoming increasingly diversified with growing involvement in the energy and infrastructure sectors. For more information or to join our free email alerts service visit: www.monadelphous.com.au
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