Monadelphous Group Limited
(ASX:MND) has announced that it has secured new contracts and additional works for customers in the resources, energy and infrastructure markets.
The contracts have a combined value of around $120 million and include two new contracts with subsidiaries of Fortescue Metals Group
(ASX:FMG).
Additional works involve an upgrade to the Water Treatment Plant and distribution system at BHP Billiton’s
(ASX:BHP) Iron Ore Mining Area C operation in the north-west of Western Australia.
The mining contractor says through these contracts it is continuing to build on key customer relationships, as well as expanding its services.
Monadelphous reported a net profit of $28.57 million for the first half of 2017.
