Monadelphous announces variation to Albemarle construction contract

Monadelphous Group Limited (ASX: $MND) has announced that it has received a letter of intent for a variation to a contract with Albemarle Lithium Pty Ltd. The variation pertains to the Company's construction contracts at Albemarle's Kemerton Expansion Project in the south west region of WA, including the provision of construction services for the hydromet works associated with Train 3 at the project.

Executive Commentary on Variation to Albemarle Construction Contract

The Company is pleased to have received the letter of intent for the variation to the contract with Albemarle. This variation further solidifies our ongoing collaboration with Albemarle and demonstrates our capabilities in providing construction services for significant projects in the lithium industry.

Summary of Monadelphous's Variation to Albemarle Construction Contract

Monadelphous Group Limited (ASX: $MND) has received a letter of intent for a variation to its construction contract with Albemarle Lithium Pty Ltd. The variation expands the Company's scope of work to include the provision of construction services for the hydromet works associated with Train 3 at Albemarle's Kemerton Expansion Project. This development underscores Monadelphous's continued involvement in major projects within the lithium sector and reflects its commitment to delivering high-quality engineering and construction services. Looking ahead, the Company aims to finalize the terms of the variation in close collaboration with Albemarle, further strengthening their partnership and positioning Monadelphous as a key player in the construction and engineering segment of the resources industry.