Macmahon Holdings' (ASX:MAH) Decmil unit received an AU$81 million contract from Rio Tinto (ASX:RIO) for the construction of a new mobile equipment maintenance workshop at the Brockman 4 mine in Western Australia, according to a Friday filing with the Australian bourse.
The deal, which also includes the construction of a bulk lube storage and oily water system, is set to start in early 2026 and be completed in April 2027, the filing said.
The company retained its fiscal 2026 revenue guidance of AU$2.6 billion to AU$2.8 billion and underlying earnings before interest, tax, and amortization target of AU$180 million to AU$195 million, the filing added.