NRW Holdings' Primero Group has been contracted to build a lithium processing plant in the Northern Territory and a vanadium electrolyte manufacturing facility in Western Australia.
NRW Holdings expects to earn as much as $155 million from operations in the current financial year, while announcing a fully franked final dividend of 5 cents per share.
The last piece of more than 16 kilometres of track for the $1.86 billion Forrestfield-Airport Link has been laid, another step toward completion of the Metronet project.
Shares in NRW Holdings closed up 12 per cent today after one of its clients exercised an option to buy back $81 million of equipment at a NSW coal mine.
The head contractors for the state government's troubled $1.86 billion Forrestfield Airport Link are suing engineering consultancy GHD, claiming it failed to prepare an adequate design concept.
The owner of a major magnetite operation in the Mid West has dropped MACA as its mining contractor, with NRW Holdings set to take over the work next year.
NRW Holdings has secured the crushing plant contract for Fortescue Metals Group's Cloudbreak operation while Pacific Energy is building a battery storage system for the Pilbara miner.
Strandline Resources has contracted Primero Group, now a wholly owned subsidiary of NRW Holdings, to build processing facilities for the $260 million Coburn mineral sands project in WA.
Philippines-focused Medusa Mining has named recently appointed director Jeff McGlinn as its new chairman, replacing Andrew Teo who will become the company's managing director.
A joint venture between WBHO Infrastructure and NRW Holdings has been named the preferred proponent for $90 million of upgrades to the Mitchell Freeway.
NRW Holdings has been tasked with building plant infrastructure at Fortescue's Queens Valley project in the Pilbara, subcontracting takeover target Primero Group to complete the works.
Integrated energy company UON has taken out the top prize at Business News's inaugural RISE Business Awards as the Western Australian Business of the Year.
Perth-based lithium producer Altura Mining has been placed in receivership after the ASX-listed company was unable to refinance its debt, placing 100 jobs at risk.
A consortium including Spanish-owned ACCIONA has been named the preferred proponent to complete major works on Western Australia's largest transport infrastructure project.
The creditors of Gascoyne Resources have approved a deed of company arrangement (DOCA) recommended by its administrators, ahead of two competing late proposals.
Contractor NRW Holdings has decided to back a proposed deed of company arrangement by the administrators to Gascoyne Resources after negotiating an increased upfront debt repayment of $7 million in cash.
The administrators of Gascoyne Resources have recommended creditors support the planned deed of company arrangement for the gold miner rather than an 11th hour alternative from China's Hanking Gold Mining.
The administrators of Gascoyne Resources have recommended creditors support a deed of company arrangement (DOCA) that includes a capital raising targeting up to $80 million and a potential full return to unsecured creditors.
BGC Australia has reported a net loss of $107 million on revenue of $974 million in the year to June 2019, as the group continues its major restructure.
Shares in NRW Holdings rose by more than 30 per cent today after the Perth-based contractor foreshadowed strong full-year earnings and brought forward its $10.7 million interim payout to next month
Three Perth-based contractors are members of two consortia shortlisted to build the $215 million extension of the Mitchell Freeway from Clarkson to Alkimos.
Blue-chip miner Northern Star Resources has predicted the rest of the industry will be forced to follow its lead in making radical and costly changes to their operations to deal with the fallout from the COVID-19 pandemic.
NRW Holdings managing director Jules Pemberton has sold 3.65 million shares to fund personal tax liabilities, at a price that was less than half the January peak in the company's share price.
Spanish engineering giant ACCIONA is continuing to challenge CPB Contractors' dominance of the Western Australian infrastructure market, with the two groups heading competing consortia for the Bunbury Outer Ring Road.
Our board moves wrap includes Mark Potter, Maktoum Hasher al Maktoum, Edward Mead, Fiona Murdoch, James Ellingford, Christopher Dunks, Andrew Liveris, and Martin Parkinson.
