NRW Holdings - Contract Award
Australian contractor NRW Holdings (ASX:NWH) has been awarded a new $25 million contract to provide drilling and blasting services at the Middlemount coal mine in Queensland's Bowen Basin. The contract will be carried out by NRW subsidiary Action Drill & Blast and continues the company's long-running association with Middlemount, which began when the mine opened. Middlemount is owned in joint venture by Peabody Energy Australia and Yancoal Australia.
NEW DRILL AND BLAST CONTRACT – MIDDLEMOUNT COAL MINE
Australian contractor NRW Holdings Limited (ASX: NWH) is pleased to announce that its wholly owned subsidiary, Action Drill & Blast (ADB) has been awarded a contract to provide drilling and blasting services direct to Middlemount Coal Pty Ltd at the Middlemount Coal Mine valued at approximately $25 million, over three years.
Action Drill & Blast has been associated with the Middlemount project since the mine opened where its service provision included both drill and blast and explosive supply. The new contract with Middlemount Coal Pty Ltd will provide the same services excluding the supply of explosives which will now be provided by the client.
Jules Pemberton, Chief Executive Officer of NRW said “we are pleased that Action Drill & Blast has been able to secure this extension with Middlemount Coal, building on a successful relationship that has been in place since 2011”.
“The contract ensures continuity of work for all ADB staff and drilling assets currently deployed on site”.
The Middlemount Mine is an open-cut coal mine located approximately 90 kilometres north-east of Emerald and some 7 kilometres west of the township of Middlemount in Queensland's Bowen Basin.