https://thewest.com.au/business/con...h-extension-and-110m-of-blast-work-c-13958040
NRW Holdings wins big in Queensland with $160m Jellinbah extension and $110m of blast work
Adrian RausoThe West Australian
Fri, 15 March 2024 7:34AM
The Jellinbah East mine in Queensland. Credit: Jellinbah Group
Coal contracts are raining down on NRW Holdings in the Sunshine State, as the Jules Pemberton-led mining services business adds $270 million to its order book.
NRW told the market on Friday it signed an extension to an existing five-year mining services contract at the Jellinbah East coal mine in central Queensland.
The scope of the variation includes operating and maintaining a second 600-tonne excavator and a 220t rear dump truck fleet.
The new component of the contract is valued at about $160m and will kick off next month, using existing owned fleet and supplemented with hire equipment, NRW said.
It won a $52m gig for blasthole drilling services at Batchfire Resources’ Callide mine, spanning five years and using a workforce of about 40.
A $30m one-year supply agreement extension with Dyno Nobel at the Bowen Basin has also been locked in, as well as a three-year drilling contract with an estimated value of $28m at an undisclosed central Queensland mine.
Of NRW’s 14 key mining services contracts, as at the end of 2023, six were coal projects. This is highest of any commodity in the company’s portfolio.
NRW is also highly active in the civil construction sector. Earlier this year the contractor was named as the preferred proponent for the $225m Reid Highway interchanges project in WA.
- Forums
- ASX - By Stock
- NWH
- Ann: Queensland Contract Awards
Ann: Queensland Contract Awards, page-4
Featured News
Add NWH (ASX) to my watchlist
|
|||||
Last
$3.29 |
Change
-0.070(2.08%) |
Mkt cap ! $1.497B |
Open | High | Low | Value | Volume |
$3.35 | $3.38 | $3.29 | $1.645M | 496.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2123 | $3.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.31 | 9038 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2123 | 3.290 |
5 | 18568 | 3.280 |
1 | 6348 | 3.270 |
4 | 10042 | 3.260 |
2 | 1657 | 3.200 |
Price($) | Vol. | No. |
---|---|---|
3.310 | 9038 | 3 |
3.320 | 6348 | 1 |
3.330 | 39054 | 3 |
3.360 | 3496 | 1 |
3.390 | 813 | 1 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
Featured News
NWH (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online