Monadelphous Group secures $150 million in new resource sector contracts

Monadelphous Group Ltd has announced new contract wins totaling approximately $150 million across several major clients in the resources sector.

Key agreements include a four-year maintenance and minor works contract for Rio Tinto’s marine infrastructure at Dampier and Cape Lambert Ports. The company also secured a contract with BHP for the Ministers North Project in Western Australia’s Pilbara, scheduled for completion by mid-2028. Additionally, a three-year shutdown services contract was signed with Whitehaven Coal, which includes a two-year extension option.

These contracts expand Monadelphous’ footprint in Western Australia and across coal mine sites in Queensland and New South Wales. The company’s share price has risen 27% over the last 12 months, outperforming the S&P/ASX 200 Index.