Monadelphous Group (ASX:MND) secured a major long-term maintenance services contract with Rio Tinto Group (ASX:RIO), valued at around AU$300 million over five years, according to a Wednesday filing with the Australian bourse.
The contract involves the ongoing delivery of fixed plant and shutdown services, including general mechanical and access work, across Rio Tinto's Pilbara iron ore operations in Western Australia, the filing added.