NRW Holdings Ltd
(ASX:NWH) has won a $50 million contract to provide preliminary works for the Middlemount coal project in Queensland.
The contract is for the delivery of initial works until the end of 2011, throughout which NRW says it will negotiate a longer term mining contact.
The Middlemount coal project is a joint development between Macarthur Coal Ltd (ASX:MCC) and Gloucester Coal Ltd (ASX:GCL)
The latest contract expands NRW’s presence in Australia, in addition to its operations in West Africa.
Just last week NRW said it had been awarded a $35 million contract extension by a wholly owned subsidiary of Rio Tinto Ltd (ASX:RIO), Simfer SA, for earthworks in the Republic of Guinea.
NRW Holdings posted a $35.14 million net profit in the 2010 financial year.
