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Home / Broking Firm / NRW secures $313m in new contracts

NRW Holdings

  • ASX: NWH
    • Broking Firm
    • Mining Services

NRW secures $313m in new contracts

  • 14 September

Leading national mining and civil contractor NRW Holdings (ASX: NWH) has announced that subsidiary Primero Group has been awarded the Mount Magnet Expansion Project by Ramelius Resources Ltd (ASX: RMS).

The project will deliver a significant upgrade to the processing infrastructure to support the efficient integration of multiple sources of ore and the expansion of the Mt Magnet production hub. The scope of work includes the construction of a new crushing circuit and coarse ore stockpile, installation of a new grinding circuit, additional leach tanks and associated gold processing infrastructure, resulting in an additional 3 million tonnes per annum (Mtpa) of processing capacity in parallel to the current 2 Mtpa plant that will process the Dalgaranga ore at a finer grind at a nominal 1.3 Mtpa.

The award further strengthens Primero’s position as a leading engineering, procurement and construction (EPC) contractor in the Australian resources sector and reflects its proven capability in the successful delivery of complex minerals processing projects.

Primero managing director Michael Gollschewski said:

“This award represents an important milestone for Primero and reflects the confidence that Ramelius has placed in our team and delivery capability. We look forward to working closely with Ramelius to execute this strategically important project safely, efficiently and to the highest standard.

“The project further demonstrates Primero’s ability to deliver large-scale EPC solutions for leading Australian resource companies and continues to build on our strong track record in the gold sector.”

NRW CEO Jules Pemberton added:

“Securing the Mt Magnet Expansion project is a significant achievement for Primero and NRW Group, and highlights the value of our end-to-end engineering, procurement and construction capabilities in the mining and minerals processing sector.”

“The award expands our exposure to the rapidly growing gold sector and further strengthens the Group’s order book, providing a strong platform for future growth.”

NRW has also confirmed that, further to its announcement of 7 May 2026 regarding the award to its wholly owned subsidiary, NRW Contracting Pty Ltd, of the Tonkin Highway Grade Separations, Hale Road and Welshpool Road East Project by Main Roads Western Australia, the Optional Works associated with the project have now been awarded.

The award of the Optional Works increases the total contract value to approximately $300 million. The Optional Works comprise the construction of a half-diamond interchange at Hale Road with north-facing ramps together with associated civil, drainage, pavement, structural, utility and ancillary works.

The access date for the Optional Works is 5 October 2026.

Mr Pemberton said:

“The award of the Optional Works is a strong endorsement of NRW’s capability and track record in delivering complex transport infrastructure projects for Main Roads Western Australia.This additional scope increases the project value to approximately $300 million and further strengthens our civil construction order book.

“We look forward to continuing our collaborative relationship with Main Roads and successfully delivering these important infrastructure upgrades for the Western Australian community.”

View full announcement

Andrew Edge

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