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NRW Holdings Limited (ASX:NWH)

ALERT: Price-sensitive ASX Announcement for NWH
Current share price for NWH : $7.120 -0.13 (-1.79%)+
Announcement
Release
26 Jun 2026 8:40AM
Price at Release
$7.250
Full Release
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Summary
NRW Holdings Limited announced significant contract awards to its subsidiary Golding Contractors Pty Ltd. These include a $150 million Equipment Hire and Services Agreement with OneSteel Manufacturing for operations at the South Middleback Ranges Mine, replacing existing arrangements after OneSteel's voluntary administration. Additionally, Golding secured a $41-$45 million contract from Anglo American for constructing a 10.8km rail diversion near Moranbah, Queensland. These projects will employ numerous individuals and enhance NRW Holdings' operational presence and order book, particularly in South Australia and Queensland.
Key Points
  • NRW Holdings Limited announced contract awards to Golding Contractors Pty Ltd.
  • Golding signed a $150 million Equipment Hire and Services Agreement with OneSteel Manufacturing for the South Middleback Ranges Mine.
  • The contract replaces previous arrangements post voluntary administration of OneSteel.
  • Approximately 60 Golding employees will continue under the new contract with the rest transitioning to OneSteel.
  • Golding awarded a $41-$45 million infrastructure construction contract by Anglo American for a rail diversion near Moranbah, Queensland.
  • The rail diversion project is due for completion in March 2027, engaging around 230 people.
  • These contracts strengthen NRW Holdings' order book and presence in South Australia and Queensland.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.