NRW Holdings: Signs contract extension for Curragh Mine

NRW Holdings Signs contract extension for Curragh Mine

• NRW Holdings’ (NWH) subsidiary, Golding Contractors, signs a $1.2 billion contract extension with Coronado Curragh, a subsidiary of Coronado Global Resources (CRN)
• Under the contract, Golding will continue to provide mining and mobile pant maintenance services at the Curragh Mine in Queensland until the end of 2026
• Golding will spend $46 million on capital for new equipment throughout the contract period and will continue to employ around 500 people at the mine
• “This agreement continues the long and successful relationship Golding have established at the Curragh Mine since first commencing on site in 2014.”
• NWH shares are up 3.62 per cent to trade at $1.79 per share at 1:24 pm AEST