InvestSMART

Monadelphous Group Limited (ASX:MND)

ALERT: Price-sensitive ASX Announcement for MND
Current share price for MND : $28.960 -0.4 (-1.36%)+
Announcement
Release
22 May 2026 8:15AM
Price at Release
$29.360
Full Release
download
Summary
Monadelphous Group Limited has announced the award of several new construction and maintenance contracts worth approximately $120 million. These include a five-year panel contract to provide crane and lifting services and a three-year contract for sustaining capital services for Rio Tinto's Pilbara facilities. Additionally, Monadelphous will construct a battery energy storage system at Fortescue's Cloudbreak site and has been appointed to a panel for structural and mechanical maintenance services for Port Waratah Coal Services in Newcastle.
Key Points
  • Monadelphous Group Limited announced new contracts valued at approximately $120 million.
  • The Company secured a five-year panel contract with Rio Tinto for crane and lifting services.
  • A three-year contract was awarded to provide Rio Tinto with sustaining capital services.
  • Monadelphous will construct a battery energy storage system at Fortescue's Cloudbreak site.
  • The Company will provide maintenance services for Port Waratah Coal Services in Newcastle.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.