Leading civil and mining contracting firm NRW Holdings Limited (ASX: NWH) has announced almost $900 million of new work awarded to its subsidiaries Golding Contractors and DIAB Engineering.
Golding has executed a five-and-half-year mining services agreement with Wonbindi Coal at the Baralaba North mine in Queensland.
The award is valued at approximately $800 million and continues the strong relationship between Golding and Wonbindi. Golding has provided contract mining services at Baralaba North over the past four years.
The scope of work remains the same and includes maintaining and operating a client-owned fleet of equipment to produce an ultra-low volatile PCI product. The mining services agreement commenced on July 1.
Commenting on the contract extension with Wonbindi, NRW CEO and managing director Jules Pemberton said:
“This contract award further demonstrates the strength of client relationships that the Golding business has worked hard to develop and maintain. They also further underline the capability added to the NRW group following the acquisition of Golding five years ago.”
NRW’s wholly owned subsidiary DIAB, meanwhile, has been awarded two contracts with a value of about $78 million.
The first contract is with Lynas Rare Earths to construct the filter building, which will be part of Lynas’ Kalgoorlie rare earths processing facility. The filter building will be used to process and further concentrate the rare earths from Lynas’ Mt Weld mine.
The works to be performed by DIAB include the supply, fabrication and erection of the filter building, installation of associated equipment and piping and electrical and instrumentation installation.
DIAB will carry out all of the circa 1500-tonne fabrication works at its state-of-the-art fabrication facilities in Geraldton, utilising approximately 80 local Mid West team members. A construction workforce of 60-80 will then be mobilised to Kalgoorlie progressively over the coming months.
DIAB has also been awarded a contract by Rio Tinto Iron Ore for the supply, fabrication and installation of multiple dust suppression systems on the Tom Price and Western Turner crusher and conveyor systems. These systems will assist in improved control and suppression of dust generated from processing activities, reducing the impacts on personnel and plant operations.
The project will run for approximately 12 months, employing 60 people at its peak.