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ASX Announcement - Monadelphous Expands Rail Maintenance Service Offering

Monadelphous today announced it had been awarded a contract for the provision of services to Rio Tinto on its privately-owned rail network in the Pilbara region of Western Australia.

The Company’s Maintenance and Industrial Services division will provide maintenance services across three packages of work under a three-year contract, with a further two three-year extension options. The contract, valued at approximately $60 million, strengthens the Company’s position in the rail sector.

The scope of work includes general track maintenance and renewals services on the coastal component of the rail network, resurfacing services across Rio Tinto’s entire rail network and rail workshop services.