Monadelphous secures contracts in WA from Rio Tinto, South32, Iluka [Yahoo! Finance]
LYNAS RARE EARTHS S/ADR (LYSDY)
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Source: Yahoo! Finance
The company secured two one-year extensions for fixed plant maintenance services and sustaining capital projects across Rio Tinto's iron ore operations in the Pilbara region of Western Australia (WA). It also obtained a contract for fabrication, supply, installation and commissioning at Rio Tinto's Tom Price mine, with completion expected by mid-2025. Additionally, Monadelphous landed a new three-year contract for minor project works at South32's Worsley Alumina operations in WA, following a maintenance and shutdown services contract extension announced last month. Monadelphous has a long-standing relationship with Worsley Alumina, providing services for nearly two decades. Additionally, Inteforge, Monadelphous' fabrication business, secured a contract for the supply and fabrication of structural steelwork and pipe racks for Iluka's Eneabba Rare Earth's Refinery Project in WA. This project is also due for completion in mid-2025. With more than 50 years of experience, Mona
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