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NRW Holdings’ (ASX:NWH) subsidiary Primero wins Rio Tinto (ASX:RIO) contract

ASX News, Industrial
ASX:NWH      MCAP $1.801B
26 May 2023 10:39 (AEDT)
NRW Holdings (ASX:NWH) - MD, Jules Pemberton

Source: NRW Holdings

NRW Holdings (NWH), through its subsidiary Primero Group, has been awarded a contract by Rio Tinto (RIO) to carry out work at the Western Range mine in Western Australia.

Located in WA’s Pilbara Region, NRW announced Primero would be responsible for the design, supply, construction and commissioning of the non-process infrastructure facilities at the mine.

This will include the refuelling facility, mobile equipment maintenance facility, primary crusher maintenance facility, wash down facilities, wastewater treatment plant and water infrastructure.

“This is an exciting opportunity as we continue to reinforce our long-term relationship with Rio Tinto through the delivery of world class, non-process Infrastructure, design and construction performed in-house by Primero Group,” NRW Managing Director Jules Pemberton said.

The company reported the contract will span twelve months, backdated to commence in April 2023, and has an estimated value of $54 million.

Shares in NWH dipped 0.45 per cent, trading at $2.20 at 10:40 am AEST.

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