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AAP
AAP
Business
Marion Rae

Resources bellwether warns of clean energy constraints

Mining
Prospects in the energy sector remain positive, with strong ongoing demand for maintenance services. (Marion Rae/AAP PHOTOS)

A leading mining and energy contractor tips long-term strength in processing energy transition minerals but warns of barriers to overhauling the nation's power supply.

Engineering group Monadelphous on Tuesday reported a 16.2 per cent rise in net profit to $62.2 million for the year to June 30 as revenue rose 11 per cent to $2.03 billion.

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