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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