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MONADELPHOUS GROUP LIMITED — Capital/Financing Update 2019
Aug 1, 2019
65357_rns_2019-08-01_b74e690d-04f9-4d4d-b067-05ce5cd178ce.pdf
Capital/Financing Update
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2 August 2019
Company Announcements Australian Securities Exchange Limited Level 4, 20 Bridge Street SYDNEY NSW 2000 AUSTRALIA
Dear Sir / Madam
RE: MONADELPHOUS SECURES MAJOR CONSTRUCTION CONTRACT WITH RIO TINTO
Please find attached a copy of an announcement to be issued today by Monadelphous Group Limited regarding the award of a major construction contract with Rio Tinto.
Yours sincerely,
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Philip Trueman
Company Secretary
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ASX RELEASE
2 August 2019
MONADELPHOUS SECURES MAJOR CONSTRUCTION CONTRACT WITH RIO TINTO
Engineering company Monadelphous Group Limited (ASX:MND) (“Monadelphous” or “the Company”) today announced it has been awarded a major construction contract with Rio Tinto associated with the West Angelas Deposits C and D Project, located in the Pilbara region of Western Australia.
The contract, valued in excess of $100 million, includes the supply and installation of structural, mechanical, piping and electrical and instrumentation works associated with the construction of new iron ore facilities, as well as modifications to existing plant. The work will commence immediately and is expected to be completed in April 2021.
Monadelphous Managing Director, Rob Velletri, said the award highlighted the Company’s strong reputation and proven capability in delivering large-scale construction projects.
“We look forward to continuing our long-term relationship with Rio Tinto and supporting their iron ore operations in the Pilbara.”
Further Information
Analysts/Investors Media Kristy Glasgow Ella McCarthy Investor Relations Group Manager - Marketing and Communications T +61 8 9316 6386 T +61 8 6311 1018 M +61 403 781 909 M +61 401 404 874 [email protected] [email protected]
About Monadelphous
Monadelphous Group Limited (ASX: MND) is a leading Australian engineering group providing construction, maintenance and industrial services to the resources, energy and infrastructure sectors. The Company has two operating divisions − Engineering Construction, providing large-scale multidisciplinary project management and construction services, and Maintenance and Industrial Services, specialising in the planning, management and execution of mechanical and electrical maintenance services, shutdowns, fixed plant maintenance services and sustaining capital works.
Monadelphous is headquartered in Perth, Western Australia, with a major office in Brisbane, Queensland, and projects, facilities and workshops across Australia and in New Zealand, China, Mongolia, Papua New Guinea and the United States of America. Please visit www.monadelphous.com.au for more information.