Ann: Queensland Contract Awards, page-3

Jellinbah Mine Contract

NRW Holdings Limited (ASX:NWH) is pleased to advise that its wholly owned subsidiary, Golding Contractors Pty Ltd (Golding) has signed a variation to its existing 5-year Mining Services Agreement with Jellinbah Mining Pty Ltd at the Jellinbah East Mine in Central Queensland.

The scope of the variation includes operating and maintaining a second 600 tonne excavator and 220 tonne rear dump truck fleet to mine pre-strip overburden, increasing the full scope of the agreement to two 600 tonne mining fleets.

The variation is valued at approximately $160 million and will commence in April 2024 utilising existing owned fleet and supplemented with hire equipment.


NRW subsidiary Action Drill & Blast Pty Ltd has also been awarded the following contracts in Queensland.

1. Blasthole drilling services for Batchfire Resources at the Callide Mine. ​

The contract, valued at circa $52 million over five years has commenced and will utilise a workforce of some 40 personnel. ​

2. Twelve-month extension to supply agreement with Dyno Nobel Asia Pacific Pty Ltd for Bowen Basin mine valued at $30 million. ​

3. Services Agreement (Drilling) Central Queensland mine – contract term three years, on an agreed rates basis with an estimated value of $28 million.​

​

These contracts will also utilise existing ADB owned equipment where applicable.​

This ASX Announcement has been approved in accordance with the Company's published continuous disclosure policy and authorised for release by the Chief Executive Officer of NRW Holdings Limited.