NRW Holdings Awarded the Bulk Earthworks Contract

  • Feb 05, 2020 AEDT
  • Team Kalkine

NRW Holdings Limited (ASX: NWH) has received a Notice of Award for the Bulk Earthworks contract for the Iron Bridge Magnetite Project. This project is the joint venture between Fortescue Metals Group subsidiary FMG Iron Bridge and Formosa Steel IB Pty Ltd.

This project is subjected to finalisation of a number of outstanding contractual details. The scope of the contract requires the bulk earthworks & drainage for roads, processing plant plus infrastructure for the development of new mine site.

The NRW stock was up by 4.138% at AEST 01:12 PM and was trading at a price of $ 3.020.


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