NRW Grabs an Infrastructure Contract with Fortescue Metal Group

  • Dec 23, 2019 AEDT
  • Team Kalkine

NRW Holdings Limited (ASX: NWH) has announced that BGC contracting has been awarded an infrastructure contract with Fortescue Metal Group at its Eliwana Mine and Rail project located in the Pilbara region of WA.

  • The total worth of the contract is $138 million and will support the development of 143km of rail for the Eliwana project;
  • The project is scheduled to be completed by late 2020.

At AEST 01:00PM, the stock was trading at $3.235 per share, down by 0.767% from its previous close.

 

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