Monadelphous extends Rio Tinto ties with new iron ore contract

Monadelphous Group says it has been awarded a contract for the provision of fixed plant maintenance services at Rio Tinto’s Pilbara iron ore operations, valued at more than A$100 million ($66.9 million) in aggregate over a five-year period.

The mechanical and electrical maintenance services contract includes the provision of shutdowns and scaffolding at the operations.

Monadelphous Managing Director, Rob Velletri, said: “The contract allows us to build on our long-standing relationship with Rio Tinto. Our focus will be on the delivery of safe, reliable, innovative and cost-effective solutions.”

He added: “We have seen significant growth in our maintenance division over the last two years, with a more than 50% increase in revenue. This award, which is a continuation of the provision of maintenance services to Rio, ensures a strong pipeline of future work within the iron ore sector in the Pilbara.”

Monadelphous has provided services to Rio Tinto’s iron ore operations in Western Australia for more than 25 years.