NRW Holdings Strengthens Order Book with New Golding Contract Wins
NRW Holdings Limited (ASX: NWH) has secured two major contract awards through its wholly owned subsidiary, Golding Contractors, reinforcing its long-term position in Australia's mining and infrastructure sectors. The largest award is a three-year Equipment Hire and Services Agreement (EHSA) with OneSteel Manufacturing at the South Middleback Ranges Mine in South Australia, valued at approximately AU$150 million from July 2026. The agreement supports continued mining operations, retains around 60 Golding employees, and introduces additional fully serviced equipment without requiring material capital investment.
In addition, Golding has been awarded an infrastructure construction contract by Anglo American to build a new 10.8-kilometre rail diversion and associated utilities near Moranbah, Queensland. The contract is valued between AU$41 million and AU$45 million, is expected to conclude in March 2027, and will engage around 230 personnel. Management highlighted that these contract wins reflect Golding's strong execution capability, reinforce its presence in key operating regions, and further strengthen NRW's order book as it enters FY27.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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NRW Holdings Strengthens Order Book with New Golding Contract Wins
NRW Holdings Limited (ASX: NWH) has secured two major contract awards through its wholly owned subsidiary, Golding Contractors, reinforcing its long-term position in Australia's mining and infrastructure sectors. The largest award is a three-year Equipment Hire and Services Agreement (EHSA) with OneSteel Manufacturing at the South Middleback Ranges Mine in South Australia, valued at approximately AU$150 million from July 2026. The agreement supports continued mining operations, retains around 60 Golding employees, and introduces additional fully serviced equipment without requiring material capital investment.
In addition, Golding has been awarded an infrastructure construction contract by Anglo American to build a new 10.8-kilometre rail diversion and associated utilities near Moranbah, Queensland. The contract is valued between AU$41 million and AU$45 million, is expected to conclude in March 2027, and will engage around 230 personnel. Management highlighted that these contract wins reflect Golding's strong execution capability, reinforce its presence in key operating regions, and further strengthen NRW's order book as it enters FY27.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au