Source : BUSINESS NEWS
Jules Pemberton-led NRW Holdings has announced a contract win, valued at around $157 million.
Under the deal, NRW’s wholly owned subsidiary Primero Group will provide a wide range of NPI works at Rio Tinto‘s Hope Downs 1 operations in the Pilbara.
NRW told the market that design and procurement-based works will been in the final quarter of CY25, with work within the contract expected to be finished by the end of next year.
“This contract reinforces Primero’s reputation as a leading provider of engineering and construction services,” Mr Pemberton said.
“We look forward to the successful completion of the project.”
NRW last traded at $2.84, up 1 per cent, as of 10.20am AWST.