NRW Holdings (ASX:NWH) subsidiary RCR Mining Technologies awarded contract for Fortescue

Company News

by Rachael Jones

NRW Holdings (ASX:NWH) subsidiary RCR Mining Technologies (RCRMT) has been awarded a design and construct equipment package by Fortescue Metals Group (ASX:FMG) for its Cloudbreak mine.

The award of another Crushing plant (HOP9), is a milestone for the RCRMT team and complements four plants previously developed with Fortescue.

It brings into focus significant relocatable mining plant innovation developed together.

This order complements current works for apron feeders and belt feeders that RCR are supplying for Fortescue’s Eliwana Mine and Rail project and further strengthens our long relationship with Fortescue, with the contracts having an accumulated value of $40 million.

Shares in NRW Holdings (ASX:NWH) trading 1.3 per cent higher at $2.38.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.