Monadelphous Wins $340M in New Contracts
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Monadelphous Wins $340M in New Contracts

Monadelphous Group Limited (AU:MND) has released an update.

Monadelphous Group Limited has secured three new construction contracts in the iron ore sector and renewable energy, totaling an expected revenue of approximately $340 million. The projects include a new sampling facility for Rio Tinto, a dewatering construction contract for BHP, and a wind farm delivery for CS Energy, with completion dates ranging from the second half of 2025 to the end of 2027. This marks a significant expansion for the Australian engineering firm into both traditional and renewable energy sectors.

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