Mondium wins $100m Greenbushes contract

Mondium, a joint venture between local contractors Monadelphous and Lycopodium, has secured an engineering, procurement and construction contract at Talison Lithium’s Greenbushes project.

Under the contract, Mondium will be responsible for the design and construction of a new tailing retreatment processing plant at the Greenbushes mine site in the state’s south west.

The contract also includes design and construction of detailed earthworks, concrete works, structural, platework, electrical and instrumentation works and controls.

It is Mondium’s largest contract to date and its second with Talison Lithium, following $7.4 million worth of works on a new chemical-grade plant feed system at Greenbushes last year.

Mondium director Bob Osmetti said the award was a testament to Mondium’s strong capability of delivering quality projects.

“We are excited to have been awarded such a significant contract and look forward to continuing our strong relationship with Talison Lithium,” Mr Osmetti said.

Work under the contract is expected to be completed by June 2020.

Monadelphous has a 60 per cent stake in the joint venture, and Lycopodium the remaining 40 per cent. 

In March, Mondium secured an early start engineering contract at Mineral Commodities’ Munglinup graphite project.

Last week, Lycopodium downgraded its full-year profit forecast due to project delays, and not expects a net profit after tax of $16.3 million on revenue of $169 million.