NRW scores $125M new contracts

Company News


Mining services provider NRW Holdings Limited (ASX:NWH) has scored about $125 million of new contracts.

NRW will work on the Cape Lambert Port B expansion project for Rio Tinto Limited (ASX:RIO) in Western Australia.

Under the framework agreement between Rio Tinto Iron Ore and NRW the company will also work on the Boolgeeda Aerodrome Project in WA.

NRW has also been awarded work on the Western Turner Syncline Civil Works, to be undertaken in joint venture with Eastern Guruma Pty Ltd.

NRW Holdings reported a net profit of $45.3 million in the first half of the 2012 financial year.

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