News Articles for Monadelphous

Monadelphous has won a second contract for BHP Group's South Flank iron ore project, just over a month after it secured an $108 million contract at the site.

Mondium, a joint venture between local contractors Monadelphous and Lycopodium, has secured an early start engineering contract at Mineral Commodities' (MRC) Munglinup graphite project.

Civmec has secured a fabrication and assembly contract at BHP's South Flank iron ore project in the Pilbara, taking its total at the project to $48 million.

Monadelphous has posted a lower first-half profit but its share price has risen on the back of a positive outlook for the engineering firm.

Monadelphous has secured a $108 million contract on BHP Group's South Flank project, while Clough has won its second contract on the same development. The two contracts will create 700 jobs at South Flank, the largest project underway in WA.

The final months of 2018 hit investors in Western Australian stocks hard, with the Business News index of 30 local ASX-listed companies falling 13.3 per cent.

The cost of building the Ichthys LNG project has blown out again, with French group Total saying it has increased by $US5 billion to $US45 billion, but project operator Inpex is disputing the extent of the increase.

thyssenkrupp Industrial Solutions Australia will design and build the world's largest rail-mounted stackers in Western Australia after winning a $250 million contract for BHP Group's $4.6 billion South Flank iron ore project.

SPECIAL REPORT: There has been a notable reduction in the number of high-earning executives in WA, though some individuals do well year after year, research by Business News has found.

ANNIVERSARY SPECIAL: The ranks of WA's largest public companies have changed dramatically over the past two decades, but Wesfarmers has been a constant near the top. This article is part of a special series to mark Business News' 25-year anniversary.

Monadelphous joint venture Zenviron has been awarded a contract with a wind farm group in regional Victoria, while Primero has announced new contracts worth $30 million.

ANNIVERSARY SPECIAL: The annual Business News Biggest Employers survey has tracked changing employment patterns in WA over 13 years. This article is part of a special series to mark Business News' 25-year anniversary.

Monadelphous is one of three contractors to have been appointed to a panel for $450 million of water projects in regional NSW, and has secured its first contract under the program.

A strong run over the past month from listed companies Mineral Resources, Woodside Petroleum and Seven Group Holdings has helped push Business News' index of 30 local stocks to a record high this week.

Engineering companies Monadelphous Group and Downer EDI have announced separate maintenance contracts with iron ore miner BHP Billiton.

The market has welcomed a strong annual profit report and positive outlook for Monadelphous, even though the engineering contractor has warned its construction revenue will fall after a big surge in work on the Ichthys LNG project in Darwin last financial year.

Monadelphous' joint venture business, Zenviron, is part of a consortium that has been contracted to deliver a wind farm in regional Victoria, with Zenviron expected to perform $70 million of work on the project.

SPECIAL REPORT: Contractors are buoyant despite the twin challenges of uncertainty around infrastructure spending and an employment market tipped to tighten.

The state government has backed plans for a 700-bed workers camp at Karratha, despite opposition from the local community, after Woodside Petroleum launched a website that is meant to boost local employment on future gas projects.

Engineering services firm Monadelphous Group has lifted half-year profit by nearly a third as it rides the rebound in resources sector activity.

The strong performance of the Business News index of 30 local companies designed to track the state's economy implies good years ahead for WA.

ASX-listed AnaeCo has gone into administration after Monadelphous Group terminated an $11.5 million contract with the waste technology company and a Chinese enterprise.

Engineering and construction contractor Monadelphous has secured a series of contracts worth about $110 million, including a three-year deal for work at the Muja power station in Collie.

SPECIAL REPORT: Data from the annual BNiQ Search Engine biggest employers list suggests an economic recovery is under way as mining and civil contractors boost their workforce numbers.

Mineral Resources founder Chris Ellison has raised $36.9 million from the sale of some of his shares in the mining services group, adding to a string of big share sales by WA company directors who have cashed in on strong market rallies.

SPECIAL REPORT: The five WA people with the largest holdings in listed companies have earned around $1.5 billion in dividends in the past five years, with Andrew Forrest and Kerry Stokes leading the way. Click through for our list of 50 directors and investors with holdings worth more than $11 billion between them.

Engineering and construction contractor Monadelphous Group has painted a positive outlook after tough trading conditions in recent years, with the company tipping strong revenue growth in the current financial year.

Perth-based Monadelphous Group has won a suite of new contracts and extensions for maintenance and construction work around Australia and internationally, to the tune of $220 million.

Perth's top 20 ASX companies hit a big milestone this month, albeit only for one day – for the first time ever, they all had at least one female director. Click through to read about some of the talented women who made this happen.

Three interconnected waste management businesses in Perth face a sudden change of fortune after Aurigen Group went into voluntary administration, a Thai company bought the Brockwaste plant in Shenton Park, and listed company AnaeCo positioned itself to work on the planned restart of the plant.

Monadelphous Group has continued to refine its business as it deals with tough conditions in its core Australian market, revealing today it has closed a US joint venture, opened a workshop in Houston, expanded its operations in Manila and acquired a fabrication business in Newcastle.

Monadelphous Group has been awarded three contracts in the mining, energy and renewables sectors, to the value of $55 million.

SPECIAL REPORT: Backdoor-listed technology businesses and mining hopefuls have joined the state's top performers in financial year 2016 in Business News's annual analysis of total shareholder returns.

Monadelphous Group has hosed down speculation that it is eyeing a $300 million acquisition of a civil engineering company, but the rumours have fuelled investor interest.

Engineering firm Monadelphous Group has won two new contracts totalling $170 million, one of which is for further work on the Ichthys LNG project in Darwin.

Monadelphous Group has won a five-year contract to provide its services to a number of Woodside Petroleum's operations in the North West.

Concrete construction group Whittens has won a contract to provide its services to the construction of cryogenic tanks at the Ichthys LNG project in Darwin for an undisclosed sum.

Monadelphous Group has won a contract to complete cryogenic tanks at the Ichthys LNG project in Darwin – the same job that Laing O'Rourke walked away from in March.

SPECIAL REPORT: The Italian contractor managing Perth's largest infrastructure project has outlined some of the hurdles it faces doing business in WA.

Engineering company Monadelphous Group has been awarded a contract to provide offshore maintenance services to the Ichthys LNG project by oil and gas company INPEX.