Aug 1 (Reuters) - Monadelphous Group Ltd (MND) :
- ALBEMARLE CONTRACTS UPDATE
- NOTIFIED BY ALBEMARLE THAT CO'S CONTRACTS AT ALBEMARLE'S KEMERTON PROJECT HAVE BEEN TERMINATED
- SEES AGGREGATE REVENUE TO BE DELIVERED FROM ALL WORKS FOR ALBEMARLE AT KEMERTON PROJECT FOR FY25 WOULD BE BETWEEN A$75M - A$85M
- ESTIMATES THAT ITS CONTRACTED CONSTRUCTION WORKS ARE CURRENTLY 15% - 20% COMPLETE
- TERMINATION OF CONTRACTS REDUCES CO'S CURRENT CONSTRUCTION WORK-IN-HAND BY A$200M
- VERBALLY NOTIFIED ALBEMARLE ALSO TERMINATED CO'S MAINTENANCE SERVICES AND SUSTAINING CAPITAL PROJECTS CONTRACTS
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News: MND Monadelphous Says Contracts At Albemarle's Kemerton Project Terminated
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