Tag Archives: NRW Holdings Limited

NRW Holdings subsidiary banks A$1.6B contract for South Walker Creek coal mine

NRW Holdings Limited’s wholly owned subsidiary, Golding Contractors Pty Ltd (Golding), has signed a mining services agreement (MSA)
with Stanmore SMC Pty Ltd (Stanmore) at the South Walker Creek (SWC) mine in central Queensland, Australia.

The MSA has a total value of approximately A$1.6 billion ($1.07 billion) over a five-year term, commencing in January 2026.

The scope of the MSA includes operating and maintaining eight fleets of heavy mining equipment to remove overburden and mine steel-making coal consistent with current contractual arrangements. The Golding-owned assets employed consist of those assets purchased as part of the HSE SWC contract acquisition that completed on August 1, 2024.

South Walker Creek is an open-cut mine 35 km west of Nebo in Queensland’s Bowen Basin. The mine has been operating since 1996 and adopts a multi-bench, open-cut mining method uising a dragline, and truck and hydraulic excavators. With a mine life of 25-plus years, South Walker Creek produced 4.9 Mt of high-quality low volatile PCI coal in the 2021 financial year. Stanmore Resources acquired BHP’s 80% interest in BMC in May 2022, becoming the operator of South Walker Creek.

The MSA provides employment to approximately 650 personnel mostly residing within the region.

NRW Chief Executive Officer, Jules Pemberton, said: “I am delighted to announce that NRW has been awarded this contract with Stanmore,
allowing us to build on the successful relationship we have had with Stanmore over a long period. NRW’s drilling and blasting subsidiary ADB is currently working with Stanmore at SWC and Golding now renews its prior association. With the addition of the SWC MSA, NRW’s order book climbs to a record A$7 billion. I look forward to a successful partnership with Stanmore.”

NRW Holdings wins Evolution Mining contract at Mungari

NRW Holdings Limited has been awarded a contract by Evolution Mining (Mungari) Pty Ltd, a wholly owned subsidiary of Evolution Mining Limited, for surface mining at Castle Hill.

The project is in the heart of the Goldfields, 50 km northwest of Kalgoorlie and 40 km north of Coolgardie, ideally situated to allow NRW to engage with local businesses and further develop the local community partnerships established by the Mungari Operations, it said.

The works to be performed include load and haul, drill and blast and construction of site supporting facilities. The drill and blast component will be undertaken by Action Drill & Blast Pty Ltd, a subsidiary of NRW Holdings Limited.

In Evolution’s 2023 reserve statement, the company highlighted that it had probable open-pit reserves of 33.2 Mt at 1.05 g/t Au, for 1.12 Moz of gold.

The anticipated value of the contract is circa A$360 million ($242 million) commencing November 2024 and expected to be completed by mid-2030. The project will average 150 personnel.

NRW Chief Executive Officer, Jules Pemberton, said: “I am delighted to announce that NRW has been awarded this contract with Evolution Mining. NRW has a long history as a high quality provider of mining services to our clients and I look forward to a successful partnership with Evolution.”

NRW Holdings companies win work from Wonbindi Coal, Lynas Rare Earths, Rio Tinto

NRW Holdings Limited companies Golding Contractors and DIAB Engineering have banked some significant contracts in the mining space, the biggest of which is a Mining Service Agreement with Wonbindi Coal Pty Ltd at the Baralaba North Mine in Queensland.

The Baralaba North award is valued at around A$800 million ($546 million) and continues the strong relationship between Golding and Wonbindi where Golding has provided the contract mining services at the Baralaba North Mine over the last four years.

The scope of work remains the same and includes maintaining and operating a client-owned fleet of equipment, producing an ultra-low volatile pulverised coal injection product. The pact commenced on July 1 and follows on from a Binding Letter of Intent the two companies signed earlier in the year.

DIAB Engineering, meanwhile, has been awarded two contracts with a value of circa-A$78 million.

At the Lynas Rare Earths Processing Facility in Kalgoorlie, Western Australia, DIAB has been awarded a contract for a key component of the facility, being the construction of the Filter Building used to process and further concentrate the rare earth. The works to be performed include the supply, fabrication and erection of the Filter Building, the installation of associated equipment and piping, and electrical and instrumentation installation.

DIAB will carry out all the circa-1,500 tonne fabrication works for the Filter Building at its facilities in Geraldton using around 80 local Midwest team members. A construction workforce of 60-80 will then be mobilised to site progressively over the coming months.

Lynas Kalgoorlie Pty Ltd, a wholly owned subsidiary of Lynas Rare Earths, is the only scale producer of separated rare earths outside of China. It mines and processes rare earth ore at Mt Weld, in the north-eastern Goldfields region of Western Australia. Lynas’ new processing facility in Kalgoorlie will treat rare earth concentrate from Mt Weld to produce a rare earth carbonate.

At Rio Tinto Iron Ore’s Tom Price mine in Western Australia, DIAB Engineering, has secured the supply, fabrication and installation of multiple dust suppression systems to be utilised on the Tom Price and Western Turner crusher and conveyor systems. These systems will assist in improved control and suppression of dust generated from processing activities, reducing the impacts on personnel and plant operations, it says. The project will run for approximately 12 months, employing 60 people at its peak.

Golding Contractors banks A$600 million extension at SIMEC’s iron ore operations

NRW Holdings Limited’s wholly owned subsidiary, Golding Contractors Pty Ltd, has signed a contract with OneSteel Manufacturing Pty Ltd, trading as SIMEC Mining, to extend the current Mining Services Agreement (MSA) for a further three years.

Under the terms of the MSA, the term is extended until January 31, 2025, with an option for SIMEC Mining to extend the contract for up to another three years. The contract value for the initial three-year extension is around A$600 million ($429 million).

Under this new arrangement, Golding will continue to provide mine planning, load and haul, and maintenance services at the South Middleback Ranges and Iron Baron Mining Area, in South Australia, as well as the recommencement of a third mining area at Iron Knob.

Golding will continue to employ approximately 600 people at the mines, most of which live in the Whyalla district of South Australia or in the Adelaide region.

NRW CEO & Managing Director, Jules Pemberton, said: “This extended agreement is particularly pleasing as an example of a Golding team working closely with our client to generate sustained cost-effective solutions.”