NRW HOLDINGS LIMITED (ASX:NWH) - Bullish Sign? - Bounced off 200 EMA, page-4231 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by sabine ↑

Good to see the political confidence in an NRW-supportive future that will just be beginning to kick off in 2025 : )

https://thewest.com.au/politics/fed...n-to-create-5000-new-wa-mining-jobs-c-6487651

Federal election 2022: Prime Minister Scott Morrison pledges $250 million to create 5000 new WA mining jobs

Lanai ScarrThe West Australian
Mon, 18 April 2022 10:30PM
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Lanai Scarr

Scott Morrison will pledge to create almost 5000 new jobs for West Australians over 10 years through key resources investments. Credit: Ian Munro/The West Australian

Scott Morrison will pledge to create almost 5000 new jobs for West Australians over 10 years through key resources investments.

The Prime Minister is in Perth for his first trip during the election campaign and will on Tuesday announce $200 million for four new hydrogen hubs and $50m to create more critical mineral supply chain jobs.

The funding commitments will add to a major resources speech the Prime Minister will give to the Chamber of Minerals and Energy in which he will acclaim the Pilbara as “the world’s greatest mining region”.

Mr Morrison will deliver the address before flying back east for the first leaders’ debate in Brisbane on Wednesday.

In his speech he will acknowledge that Australians in capital cities have benefited from the wealth generated from resources in the Pilbara and that the region will power the economy in the future.
“Australians in our capital cities have long been the beneficiaries of visionary investments to develop the Pilbara, going back more than 50 years,” Mr Morrison will say.

“It is the world’s greatest mining region, generating over $70 billion annually for our economy. We want to ensure that the future of the Pilbara remains one of promise and opportunity in the future global economy.”

Mr Morrison will say the “resources sector has continued to power the Australian economy through the COVID-19 pandemic” and that the energy supply issues resulting from geopolitical tensions could be to Australia’s benefit.
He will use his Government’s economic management and quest to reduce green and red tape as a springboard for why voters should support the Coalition at the May 21 election.

“Commodity market dislocation and supply chain stresses have pushed up inflation around the world. Australia is not immune from these pressures,” Mr Morrison will say.
“Pressures that underline why, now more ever, you need a government that knows what it is doing. You need a government that understands our economy and its many moving parts.”

In addition to his resources speech, Mr Morrison will spend his second day in WA announcing major resources projects. Four new hydrogen hubs will be funded — two seed funding projects and two fully-fledged hubs. The projects will create 3600 new direct and indirect jobs for WA, estimated to be in place from about 2025.

The Prime Minister said the projects were “just the beginning”.
“This backs in the State’s status as an economic powerhouse for the whole country,” he said.
“These investments will also turbocharge ... Australia’s critical minerals and clean hydrogen industries, helping achieve the Government’s vision to make Australia a global producer and exporter of clean hydrogen by 2030, while stimulating a surge in regions across WA.”

A Morrison Government will also invest $50m to create a business and research partnership with WA’s Curtin University, focusing on the critical mineral supply chain that will create 1300 jobs. The project is the first under the Government’s Trailblazer program and will have Curtin University partner with 33 business representatives, the University of Queensland and James Cook University.

Its focus will be on developing new technology that will help Australia to establish a competitive advantage in key critical minerals supply chains, including nickel, cobalt and lithium.

And 1300 new jobs over the next decade will be created through industry employment of researchers and work-ready students, an increase in research and industry activity at regional campuses and new positions in start-ups launched through the Trailblazer.

“Our economic plan backs in talented Australians to supercharge research and new ideas, working with business and industry leaders, to develop new products, new companies and more jobs to help build a strong economy and a stronger future,” Mr Morrison said.

________________

And here’s a reminder of CEO Jules Pemberton’s insights into this future re his METs comments in last year’s annual report …
https://www.australianmining.com.au/news/nrw-excited-by-mets-growth-despite-covid-19-impact/

“…….The focus of the business over the last few years has been to add capability, broaden the regions in which we operate and diversify our service offering,” he said.
“The acquisition of Primero, which we completed early this year, builds on our recent acquisitions of DIAB Engineering and RCRMT, and represents a further diversification of our strategic platform to offer clients continuity of services from early planning, design, development, construction to operations and maintenance.”
Acquiring Primero has unlocked a new opportunity for NRW as the company continues to widen their gaze.
“… The group now has the capability to participate meaningfully across the new energy sectors of hydrogen and lithium through Primero’s existing capability but also in the renewables sector where our clients are seeking solutions to reduce reliance on hydrocarbons-based energy sources,” Pemberton said.
NRW’s METS expansion not only diversifies the company but further solidifies them financially.
“Our MET business also gives the group a build-own-operate, design and processing capability so we are now truly able to participate through the entire life cycle of resources projects,” Pemberton said…..

Cheers and my hopes that everyone out there had a peaceful and renewing Easter break

Expand

On 14 April 2022 the Financial Review had a headline “WA miners short 10,000 workers, border reopening no panacea”. So what is this superstitious clown, Scott Morrison, on about hurling tax payers' money at projects in WA to create more jobs?

Going off on a tangent, that piece was written by Michael Bennet. What other financial-business writers are based in Perth? That is, if one wanted to spoon-feed someone with the gist of a mining-related story in WA that is newsworthy, who would be a good target?

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Last $3.36		Change -0.010(0.30%)		Mkt cap ! $1.529B

Open	High	Low	Value	Volume
$3.37	$3.40	$3.33	$3.394M	1.007M

No.	Vol.	Price($)
1	1485	3.340
1	572	3.320
1	2646	3.300
1	1500	3.290
1	8000	3.280

Price($)	Vol.	No.
3.400	28550	3
3.410	1500	1
3.420	2100	2
3.430	2000	1
3.440	13400	3

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