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    coal investing

    NRW Wins Three-year Coal Contract Extension

    Investing News Network
    Feb. 27, 2015 08:12AM PST
    Industrial Metals

    Australian Mining reported that NRW Holdings Ltd. (ASX:NWH) has won a three-year extension to its Middlemount coal contract.

    Australian Mining reported that NRW Holdings Ltd. (ASX:NWH) has won a three-year extension to its Middlemount coal contract.

    As quoted in the market news:

    The contract, valued at $330 million, utilises the contractor’s existing fleet on site and extends work on site from June 2017 to June 2020.

    Speaking on the win, NRW CEO Jules Pemberton stated:

    NRW has worked closely with Middlemount to deliver a new operating model which will provide significant benefit to both parties during the remaining contract term and I am very pleased that our client has shown confidence in our ability.

    Click here for the full Australian Mining report

    coal investingmining report
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