NRW secures $502m mining services contract from TEC Coal

NRW Holdings, via its subsidiary Golding Contractors, has secured a mining services statement valued astatine astir A$750m ($502.6m) with TEC Coal for operations astatine the Stanwell Meandu Mine successful Australia.

The statement spans a play of 5.5 years, opening this month.

The Meandu Mine is situated 25km south-east of Kingaroy successful the South Burnett portion of Queensland.

It is said to person an yearly accumulation capableness of 7.6 cardinal tonnes (mt) and is expected to proviso ember until the twelvemonth 2037. The excavation was primitively commissioned successful 1983.

The mining services declaration includes a six-month mobilisation signifier followed by a five-year operational phase.

Under the presumption of the agreement, Golding Contractors volition negociate the full mining operation.

This includes the cognition and attraction of 3 fleets of dense mining equipment, a dragline and a processing plant, each supplied by the principal, TEC Coal.

The declaration volition supply employment for astir 400 section residents.

NRW CEO Jules Pemberton said: “This grant is reflective of Goldings’ fantabulous estimation for the transportation of harmless and businesslike declaration mining services. The capital-light operation of the declaration aligns with our strategy of reducing the superior strength of our declaration mining operations and positions the radical good to beryllium capable to present continued worth to our shareholders.

“We look guardant to welcoming the astir 400 section employees to the NRW household and to providing them with a harmless and affirmative workplace. Goldings’ and the broader NRW Group look guardant to a agelong and palmy concern with TEC Coal.”

NRW is simply a supplier of diversified declaration services crossed assorted sectors successful Australia, with operations extending to Canada and the US.

The institution offers a wide array of services including civilian construction, declaration mining and instrumentality refurbishment done its assorted divisions.

In July 2025, NRW announced that its NRW Civil & Mining part secured a declaration from Rio Tinto for the Brockman Syncline 1 excavation task wrong the Brockman Mine Hub successful Western Australia’s Pilbara region.

The declaration is said to beryllium valued astatine astir A$167m.

NRW has been tasked with undertaking the operation of earthworks, roadworks and drainage systems associated with the superior crusher, overland conveyor and ancillary infrastructure.

Additionally, NRW volition conception haul roads, entree routes and factual structures. The task scope includes drill and blast operations and involves the proviso and gathering of a mechanically stabilised world partition astatine the tally of mine, 2 precast factual overpass tunnels and in-situ factual foundations for the superior crusher.