NRW Wins Three-year Coal Contract Extension

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