NRW have picked up the contract. The fleet used at Karara could be utilised to replace aging fleet at the CP or Eliwana contracts potentially as they also are of this size. Still a big blow as this was part of the Downer acquisition with long term potential. Time will tell with the CP and Eliwana contracts as these are also of an old and mixed fleet which will be eating into margins. Downer didn't let this portion of their business go because it was a high performer.
MLD Price at posting:
78.0¢ Sentiment: None Disclosure: Not Held