Montrose Environmental Wins $2.5M Contract for Australian Mining Project

Vijay Manthripragada, president and CEO of Montrose Environmental Group (Photo provided by Montrose Environmental)

Montrose Environmental Group Inc. of North Little Rock (NYSE: MEG) announced it has been awarded a $2.5 million contract to deliver environmental services for a mining operation in Australia’s Bowen Basin, a key hub for metallurgical coal used in steel production.

The company behind the project was not named in a news release announcing the deal.

The release said Montrose will provide advanced environmental baseline and impact assessments critical to the mine’s continued development. The company said its ability to navigate complex regulatory requirements is one of the reasons it’s the “ideal partner” for the large-scale project.

“This project reflects the strength of Montrose’s strategy and mission and underscores sustained demand for our services despite global, geopolitical and regulatory uncertainty,” Vijay Manthripragada, president and CEO of Montrose, said in a news release. “Critical global industries, like steel, trust Montrose for our deep industry expertise and proven capabilities. This is why we continue to win and deliver complex environmental contracts that enable our clients to sustainably, responsibly and successfully operate their business.”

The deal is the second multi-million dollar contract Montrose has announced this month. The company previously secured an emissions-monitoring contract valued at more than $3 million from an unnamed energy company.