NRW Holdings signed an agreement with RCR Tomlinson to acquire the assets of RCR Mining and RCR Heat Treatment for $10 million. The acquisition is expected to complete within two weeks.
NRW Holdings has entered into an agreement to acquire RCR Tomlinson's Mining and Heat Treatment businesses for A$10 million ($7.3 million) in cash. The deal is expected to complete within two weeks.
NRW Holdings was named preferred contractor for a $57 million contract for stage one earthworks, roadworks and drainage works on Fortescue Metals Group's new 143km rail line at the Eliwana iron ore project in the Pilbara.
NRW won a contract from BHP for bulk earthworks and concrete works at the South Flank project in the Pilbara. The contract is valued at approximately A$176 million (US$130 million) and will run for 15 months starting September 2018.
NRW Holdings' subsidiary Golding reached agreement with Coronado Curragh for a three-year extension to its mining services contract at Curragh Mine near Blackwater, Queensland, valued at $210 million, starting October 2018.
NRW Holdings was awarded a $37 million contract by Rio Tinto for bulk earthworks and civil works at the Southern Waste Fines Storage Facility at the Marandoo mine in Pilbara, Western Australia. The contract is expected to run for 44 weeks starting in April 2018.
NRW Holdings was awarded a $37 million contract by Rio Tinto for earthworks and civil works at the Marandoo iron ore mine in Western Australia. Construction starts April 2018 and will take up to 44 weeks.
NRW Holdings Ltd acquired Golding Group, a civil infrastructure, urban and mining services company in Queensland and New South Wales, for an enterprise value of AUD 85 million, funded by debt and equity.
Pilbara Minerals awarded contracts for the $234 million Pilgangoora lithium-tantalum project, including a $148 million processing plant contract to RCR Tomlinson, earthworks to NRW Holdings, and camp services to a joint venture, with commissioning targeted for March 2018.
NRW Holdings' subsidiary Action Drill and Blast was awarded a $40 million drill and blast contract by Macmahon Holdings for services at Newcrest Mining's Telfer gold mine in Western Australia. The 66-month contract is ADB's second project in the gold sector.
NRW Civil & Mining was awarded a $110 million contract for mine development, drill and blast, and mining services at Altura Mining's Pilgangoora lithium project in Western Australia. Works are expected to commence in March 2017.
NRW Holdings has been awarded a civil contract valued at approximately $40 million for bulk earthworks and civil works at Rio Tinto's Yandicoogina mine in Australia.