Monadelphous wins $70m BHP contract
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Engineering company Monadelphous has secured a $70 million contract with BHP Billiton for its Rapid Growth Project 5 based in WA's north west.
Project works including structural, mechanical and piping engineering will commence immediately with a completion date set for the third quarter of 2010.
Monadelphous' managing director, Rob Velletri said the award of the contract shows the ongoing commitment and relationship between the two major mining players.
Full announcement below:
MONADELPHOUS AWARDED $70 MILLION CONTRACT
Leading Australian engineering company Monadelphous Group Limited (ASX: MND) today announced it has secured a significant contract with BHP Billiton Iron Ore for major works associated with the Rapid Growth Project 5 in the north west of Western Australia.
This package of work at Yandi is valued at approximately $70 million.
The contract includes structural, mechanical and piping works for the supply, pre-assembly and installation of the stockyard and train load out facilities and modifications to the existing Ore Handling Plant 2 (OHP2).
Project works will commence immediately with substantial completion scheduled for the third quarter of calendar 2010.
Monadelphous Group Managing Director Rob Velletri said, "this project award reflects our ongoing commitment to and relationship with BHP Billiton Iron Ore. We are very pleased to be given the opportunity to continue our valued and long association with BHP Billiton Iron Ore."