Market Herald logo

Subscribe

Be the first with the news that moves the market
  • RCR Mining has been awarded a contract by Fortescue Metals at its Cloudbreak iron ore mine in the Pilbara region of WA
  • The contract is to design and construct a relocatable crushing plant at Cloudbreak
  • This marks the fourth plant developed with Fortescue – solidifying the ongoing relationship between the miners
  • In total, the company has now won $40 million worth of contracts by Fortescue Metals
  • NRW’s shares are slightly down 0.43 per cent, with shares trading at $2.34

NRW Holdings’s subsidiary, RCR Mining Technologies, has been awarded a design and construct contract by Fortescue Metals at its Cloudbreak iron ore mine.

NRW acquired RCR Mining in February this year and since then, the company has secured orders in all the major iron ore projects in Western Australia.

“This reinforces our status as the market leader in the design and manufacture of Relocatable Plants, Apron Feeders and Belt Feeders, an exciting achievement against a highly regarded multinational supply market,” RCRMT Executive General Manager Ian Gibbs said.

The award of the design and construct package for another crushing plant (HOP9) is a milestone for RCR Mining and complements four plants previously developed with Fortescue.

The new relocatable HOP9 crushing plant at the Cloudbreak mine is designed for 3500 tonnes per hour of primary sizing.

It’s an extension of the previous relocatable plants the company developed, which are successfully operating at 2500 tonnes per hour.

The contracts also supports current works for apron and belt feeders that RCR are supplying for Fortescue’s Eliwana Mine and Rail project.

“Our design and manufacturing teams are very proud to be part of these projects and our ongoing relationship with Fortescue,” Ian said.

In total, RCR’s contracts with Fortescue have accumulated a value of $40 million.

“RCRMT prides itself on its innovation driven solutions for its clients and I am excited by the part RCRMT will play in the broader NRW group’s future as we continue to grow and evolve our business model,” NRW CEO and Managing Director Jules Pemberton said.

NRW’s shares are slightly down 0.43 per cent, with shares trading at $2.34 as at 4:10 pm AEDT.

NWH by the numbers
More From The Market Herald

" Decmil (ASX:DCG) wins $98m contract award and improved loan terms

Decmil (ASX:DCG) has won the second phase of the Albany Ring Road Project by Main Roads…

" SRG Global (ASX:SRG) secures $20m Defence contract

Construction company, SRG Global (ASX:SRG) has secured a specialist building contract in the Defence sector, totalling…

" Helloworld Travel expands New Zealand network

Leading Australian and New Zealand travel company, Helloworld Travel Limited has just announced that a number…
The Market Herald Video

" Titomic (ASX:TTT) and Repkon partner for “world-first” barrel manufacturing facility

Titomic (ASX:TTT) has signed a joint venture agreement with Turkish company, Repkon, to establish the world's…