Australian engineering company Monadelphous Group Ltd
(ASX:MND) has secured a contract from mining giant BHP Billiton Ltd
(ASX:BHP) for works associated with the Rapid Growth Project 5 in the north west of Western Australia.
The company says the package of work at Yandi is valued at approximately $70 million.
Monadelphous says the contract includes structural, mechanical and piping works for the supply, pre-assembly and installation of the stockyard and train load out facilities to the existing Ore Handling Plant 2.
Work will commence immediately with substantial completion scheduled for the third quarter of calendar 2010.
Managing director Rob Velletri says the project reflects the company’s ongoing commitment to and relationship with BHP Billiton Iron Ore.
Monadelphous Group’s 2009 net profit was its best in the last five years.
