NWH Price sensitive 20 Mar 2025, 9:21 AM

Contract Awards

NRW Holdings Ltd

NRW Holdings Secures Major Contracts Across Mining and Infrastructure

Key points

  • Awarded $100 million contract by Rio Tinto for seawater desalination project
  • Secured $19 million in blast hole drill contracts with Yancoal
  • Awarded $60 million civil works contract by BMA at Peak Downs mine

Full summary

NRW Holdings Limited (ASX:NWH) has announced a series of significant contract awards across its various business divisions. The company's wholly owned subsidiary, Primero Group Limited, has been awarded a $100 million contract by Rio Tinto for the Structural, Mechanical, Piping, Electrical and Instrumentation (SMPE&I) Procurement and Construction works for the seawater desalination project at Parker Point, Dampier in Western Australia. This contract is scheduled to run for approximately twelve months. NRW's subsidiary, Action Drill & Blast, has also secured two blast hole drill contracts with Yancoal, valued at around $19 million, with a duration of 36 months and an option to extend. Additionally, Golding Contractors, another NRW subsidiary, has been awarded a $60 million civil works contract by BMA at the Peak Downs mine in Moranbah, Queensland. This contract includes specialised earthworks, public access road diversion, and approximately 6 km of piping, together with expansion of the existing spillway, and is due to be completed by September 2025.

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