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NRW Holdings awarded $200 million worth of contracts

NRW Holdings (ASX:NWH) has been awarded $200 million worth of contracts across a range of divisions.

NRW is a diversified contract services provider to the resources and infrastructure sectors. It has operations across Australia, and engineering offices in Canada and the US.

Via its wholly owned subsidiary Golding Contractors, the firm has been awarded contracts valued at $80 million by Lendlease Communities.

Golding has been awarded a contract by Lendlease Communities to complete a subdivision and associated infrastructure works for 6 stages of the Shoreline residential development in Redland Bay, Queensland.

Shoreline is a master planned community by Lendlease located 43km southeast of Brisbane in Redland Bay. On completion, it will be home to more than 10,000 people, include 3,000 residential dwellings and a new state primary school.

Golding has also been awarded contracts by Lendlease Communities at its Yarrabilba development for completion of general subdivision and associated infrastructure works for 3 major packages of works – Precinct 4F Residential Subdivision; Precinct 5A Commercial Subdivision; and Town Centre East West urban collector road.

Yarrabilba is a master planned community by Lendlease located 4km south of Logan Village. On completion, it will be home to more than 45,000 people and include 17,000 residential dwellings, a town centre, neighbourhood hubs and 11 schools.

These contracts extend a partnership with Lendlease Communities, which began at Yarrabilba in October 2017 and has delivered over 1,850 residential and commercial lots to date.

The combined value of these contracts is nominally $80 million.

Shoreline and Yarrabilba works will be delivered over 12 and 24 months respectively working with our extensive network of subcontractors and suppliers in the Southeast Queensland region.

Meanwhile, NRW subsidiary DIAB Engineering has been awarded new contracts for dry plant SMP works and site materials management services at two separate construction sites in Western Australia. The contracts have a combined value of circa $29 million and are expected to be completed towards the end of 2023.

NRW’s civil division has also been awarded 3 new contracts in the Pilbara with a combined value of $78 million. The scope of works under the contracts includes general mine civil infrastructure, culvert installation, demolition and remediation works, together with construction of a haul road overpass.

All 3 contracts are expected to be completed this calendar year.

NRW’s recent acquisition OFI has also been awarded a defence related contract for various electrical works valued at circa $13 million.

Combined, the OFI, civil, DIAB, and Lendlease Communities contracts total $200 million.

NRW’s Civil and Mining businesses provide civil construction, including bulk earthworks, road and rail construction and concrete installation, together with contract mining and drill and blast services. The Minerals, Energy & Technologies (MET) operating unit offers tailored mine to market solutions, specialist maintenance (shutdown services and onsite maintenance), non-process infrastructure, innovative materials handling solutions, Build-Own-Operate (BOO) process plant solutions, and complete turnkey design, construction and operation of minerals processing and energy projects.

NRW has a workforce of about 7,200 people supporting projects around Australia for clients across the resources, renewable energy, infrastructure, industrial engineering, maintenance and urban subdivision sectors.

Write to Adam Orlando at Mining.com.au

Images: NRW Holdings
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Written By Adam Orlando
Mining.com.au Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.