Australia's Monadelphous Group soars most in one week on Rio Tinto contract
22/12/2025 09:34
** Shares of Monadelphous Group MND.AX rise as much as 2.7% to A$27.1, post their biggest intraday pct gain since Dec 15 ** Co gets construction contract with Rio Tinto RIO.AX in relation to Brockman Syncline 1 iron ore development in Pilbara ** Contract valued at nearly A$250 million ($165.30 million) ** YTD, shares up 93.6% ($1 = 1.5124 Australian dollars) (Reporting by Nichiket Sunil in Bengaluru) ((Nichiket.Sunil@thomsonreuters.com))
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