Monadelphous Awarded A$100 Million In Services Contracts By Rio Tinto
29 September 2009 - 6:51PM
Dow Jones News
Monadelphous Group Ltd. (MND.AU) said Tuesday that it has
secured two new three-year maintenance services contracts with Rio
Tinto Ltd.'s (RIO.AU) iron ore coastal and inland west operations
in Western Australia worth around A$100 million.
Monadelphous will be responsible for any shutdown and
maintenance services across various Rio Tinto iron ore Pilbara
sites, it said.
"These two contract wins support our strategic goal of growing
our recurring revenue base through long term relationships with
blue chip customers," Monadelphous Group Managing Director Rob
Velletri said in a statement.
-By Iain McDonald, Dow Jones Newswires; 61-2-8272-4681;
iain.mcdonald@dowjones.com
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