NRW Holdings (ASX:NWH) subsidiary RCR Mining Technologies awarded contract for Fortescue - Sequoia Direct Pty Ltd

24OctOctober 24, 2019

NRW Holdings (ASX:NWH) subsidiary RCR Mining Technologies awarded contract for Fortescue

NRW Holdings (ASX:NWH) subsidiary RCR Mining Technologies (RCRMT) has been awarded a design and construct equipment package by Fortescue Metals Group (ASX:FMG) for its Cloudbreak mine.

The award of another Crushing plant (HOP9), is a milestone for the RCRMT team and complements four plants previously developed with Fortescue.

It brings into focus significant relocatable mining plant innovation developed together.

This order complements current works for apron feeders and belt feeders that RCR are supplying for Fortescue’s Eliwana Mine and Rail project and further strengthens our long relationship with Fortescue, with the contracts having an accumulated value of $40 million.

Shares in NRW Holdings (ASX:NWH) trading 1.3 per cent higher at $2.38.

Copyright 2019 – Finance News Network

Source: Finance News Network

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