Engineering company Monadelphous Group
(ASX:MND) has been awarded a contract for the provision of services to Rio Tinto
(ASX:RIO) on its privately-owned rail network in the Pilbara region of Western Australia.
The Company’s Maintenance and Industrial Services division will provide services across three packages of work under a three-year contract, with a further two three-year extension options.
The contract is valued at approximately $60 million.
Shares in Monadelphous Group
(ASX:MND) closed 0.17 per cent higher at $17.43 yesterday.