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Monadelphous Group Limited (ASX:MND)

ALERT: Price-sensitive ASX Announcement for MND
Current share price for MND : $31.250 1.27 (4.24%)+
Announcement
Release
5 Aug 2026 8:16AM
Price at Release
$29.980
Full Release
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Summary
Monadelphous Group Limited announced the award of a major construction contract with BHP for the Port Debottlenecking Project 2 at BHP’s Nelson Point Port Facility in Port Hedland, Western Australia. The contract is valued at approximately $200 million and involves installation and commissioning of structural, mechanical, piping, electrical, and instrumentation activities for the new Car Dumper 6 and supporting materials handling facilities, set to be completed by 2028. Monadelphous emphasizes its strong customer relationships and proven delivery track record. The project aligns with the company's strategy to enhance its engineering and construction capabilities in the resources sector.
Key Points
  • Monadelphous awarded a major contract by BHP for Port Debottlenecking Project 2.
  • Contract valued at around $200 million.
  • Involves construction at Nelson Point Port Facility in Port Hedland.
  • Includes installation and commissioning of Car Dumper 6.
  • Work to begin immediately with completion expected in 2028.
  • Monadelphous highlights strong customer relationships and project delivery track record.
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.