Monadelphous has secured new contracts and contract extensions in the resources and energy sectors totalling approximately A$150 million ($96 million), including work with Fortescue Metals Group and BHP.
The company has been engaged to provide construction services at the Iron Bridge Magnetite Project, an unincorporated joint venture between Fortescue subsidiary FMG Iron Bridge and Formosa Steel IB, in the Pilbara of Western Australia. The work, which includes the provision of structural, mechanical and electrical and instrumentation services at the wet process plant, is expected to be completed by the end of 2022.
Monadelphous has also secured the following work with BHP:
- A contract for the remediation of balance machines at the Finucane Island and Nelson Point ports in Port Hedland in Western Australia, with work expected to be completed by mid-2024;
- A 12-month extension to its existing contract to provide general maintenance and shutdown services at BHP’s Western Australian iron ore operations;
- A 12-month extension to its existing maintenance, shutdown and project services contract across BHP’s Nickel West operations in Western Australia; and
- A two-year contract to provide construction services under the Olympic Dam Construction Panel Framework Agreement at Olympic Dam in South Australia.