Baralaba North Mine Contract Binding Letter of Intent

NRW Holdings Limited has announced this morning that its wholly owned subsidiary, Golding Contractors Pty Ltd has received a Binding Letter of Intent to enter into a 5.5 year Mining Services Agreement with Wonbindi Coal Pty Ltd at the Baralaba North Mine.

The award is valued at approximately $800M and continues the strong relationship between Golding and Wonbindi Coal Pty Ltd where Golding has provided the Contract Mining Services at the Baralaba North Mine over the last four years. The scope of work remains the same and includes maintaining and operating a client owned fleet of equipment, producing an Ultra-Low Volatile PCI coal.

The Mining Services Agreement will commence on the 1 July 2022.