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Monadelphous Group (ASX:MND) secures $160m construction contract with Talison Lithium

ASX News, Industrial
ASX:MND      MCAP $1.232B
08 September 2023 15:47 (AEDT)

Source: Monadelphous Group

Monadelphous Group (MND) has secured a major $160 million contract for the construction of the Chemical Grade Plant 3 (CGP3) at Talison Lithium’s Greenbushes site in Western Australia.

The project’s scope encompasses the installation of a new crushing and screening facility, the construction of a lithium concentrate processing plant, and the execution of associated tank and piping fabrication works, as well as provisions for electrical supply.

“We are delighted to have secured this key opportunity which further extends our participation in the development of Talison Lithium’s Greenbushes operations,” Monadelphous Managing Director Zoran Bebic said.

Talison Lithium is a leading global producer of lithium. 

Work on the CGP3 project is set to commence later this year, with completion targeted for the first half of 2025.

MND last traded at $13.85.

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