Shares in Monadelphous are rallying after the engineering firm advised its anticipating a stronger full-year revenue result on bumper demand, while also booking extra work with BHP and Rio Tinto.
Listed contractors Monadelphous, Macmahon, and SRG have reported bullish full-year results, buoyed by multi-billion-dollar pipelines and key contract extensions.
Monadelphous will buy local high voltage service business High Energy Service for $21.5 million, in a move to expand its capability to support the energy transition.
Days after announcing a series of strong half-year results, engineering firm Monadelphous has secured a series of new contracts, valued at around $400 million.
Engineering company Monadelphous Group has announced its net profit after tax for the first half of the 2025 financial year is likely to be higher than consensus predictions.
Monadelphous has secured a series of new maintenance and construction contracts worth around $230 million - including two contracts on Perdaman's urea project in the Pilbara.
The number of women running ASX300 companies has stagnated in the past year with a survey also showing multiple WA companies have no women in their executive leadership group.
Engineering company Monadelphous has bolstered its work pipeline with a $200 million contract to enable Woodside to process gas from its $18 billion Scarborough redevelopment.
Engineering and construction contractor Monadelphous has unveiled the largest crane to join its fleet and named it in honour of its former chairman John Rubino.
Around 150 workers at CIMIC Group subsidiary UGL have been stood down at Albemarle's Kemerton lithium plant expansion, with the contractor's role on the project coming to an end.
Victoria Park-based engineering company Monadelphous Group has secured more work with Shell, Fortescue and Rio Tinto through contracts and extensions worth more than $140 million.
The dramatic downturn in the battery metals sector has forced Albemarle to slash spending, with one casualty being the planned expansion of its Kemerton lithium refinery.
Monadelphous will pocket an additional $75 million per annum for work on Inpex's Ichthys LNG operations, adding to its long-term agreement with oil and gas player.
In this podcast, Mark Beyer and Mark Pownall discuss house prices; interest rates; Monadelphous buy; Tasmea IPO; infrastructure blowouts; Liontown; VGW; interesting property deals; labour market shortages and IR reform.
Takeover target Liontown Resources has awarded its final major construction contract for its Kathleen Valley lithium project after engaging Monadelphous Group.