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MONADELPHOUS GROUP LIMITED — Capital/Financing Update 2019
May 5, 2019
65357_rns_2019-05-05_70b34ff7-65dc-44cc-9a68-ef528677b2dc.pdf
Capital/Financing Update
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6 May 2019
Company Announcements Australian Securities Exchange Limited Level 4, 20 Bridge Street SYDNEY NSW 2000 AUSTRALIA
Dear Sir / Madam
RE: MONDIUM SECURES EPC CONTRACT WITH TALISON LITHIUM
Please find attached a copy of a media release issued today by Mondium Pty Ltd (“Mondium”), an incorporated joint venture in which Monadelphous Group Limited (ASX:MND) is a 60 per cent shareholder.
Mondium is an engineering, procurement and construction (“EPC”) service provider targeting and delivering EPC projects in the minerals processing sector.
Mondium has been awarded its largest contract to date, valued at approximately $100 million, with Talison Lithium for the design and construction of a new tailing retreatment processing plant at its Greenbushes mine site in the south west of Western Australia.
Monadelphous Managing Director, Rob Velletri, said “The award of this significant contract is a great achievement for Mondium and highlights its strengthening position in the minerals processing EPC market.”
For further information, please refer to the attached media release.
Further Information
Analysts/Investors Media Kristy Glasgow Kirsty Mobilia Investor Relations Marketing and Communications T +61 8 9316 6386 T +61 8 6311 1051 M +61 403 781 909 M +61 413 170 777 [email protected] [email protected]
Yours sincerely,
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Philip Trueman
Company Secretary
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Media Release
6 May 2019
Mondium secures EPC contract with Talison Lithium
Mondium Pty Ltd (“Mondium” or “the Company”), an engineering, procurement and construction (EPC) company, has been awarded a contract, valued at approximately $100 million, with Talison Lithium for the design and construction of a new tailing retreatment processing plant at Talison Lithium’s Greenbushes mine site in the south west of Western Australia.
Subject to the receipt of all final project regulatory approvals, Mondium, as the EPC contractor, will carry out all engineering and design, procurement and site construction. The contract also includes design and construction of detailed earthworks, concrete works, structural, platework, electrical and instrumentation works and controls.
This is Mondium’s largest contract to date and its second with Talison Lithium, following the successful delivery of a new chemical-grade plant feed system at its Greenbushes operations last year.
Mondium Director Bob Osmetti said the award was a testament to Mondium’s strong capability of delivering quality projects.
“We are excited to have been awarded such a significant contract and look forward to continuing our strong relationship with Talison Lithium,” Mr Osmetti said.
Work under the contract is expected to be completed by June 2020.
Further Information
Media
Kirsty Mobilia Monadelphous - Marketing and Communications T +61 8 6311 1051 M +61 413 170 777 [email protected]
Mondium
Mondium brings together the complementary strengths, resources and experience of Monadelphous in multidisciplinary construction works with Lycopodium’s innovative, fit for purpose, technical engineering expertise in minerals project delivery. This combined wealth of experience and resources is able to provide full project development and execution services, from conceptual early design through complete project EPC delivery.
www.mondium.com.au
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