NRW Holdings’ subsidiary Golding Contractors secures a A$750m mining services agreement with TEC Coal for Stanwell Meandu Mine in Australia. The 5.5-year contract includes operation and maintenance of heavy mining equipment and employment for 400 locals. The mine has an annual production capacity of 7.6mt and is expected to supply coal until 2037.
NRW CEO Jules Pemberton praises Goldings’ reputation for safe and efficient contract mining services. The capital-light contract aligns with NRW’s strategy to reduce capital intensity and deliver value to shareholders. NRW looks forward to welcoming the local employees and building a successful partnership with TEC Coal.
In July 2025, NRW Civil & Mining division secures a A$167m contract from Rio Tinto for the Brockman Syncline 1 mine project in Western Australia. The scope of work includes construction of earthworks, roadworks, drainage systems, haul roads, access routes, and concrete structures. NRW will also handle drill and blast operations and build various infrastructure components.
Read more at Yahoo Finance: NRW secures $502m mining services contract from TEC Coal
