NRW Holdings’ Golding Contractors business in line for ~A$195 million of mining work
NRW Holdings Limited’s wholly-owned subsidiary, Golding Contractors Pty Ltd, has been awarded two contracts to provide services to an iron ore mine in South Australia and a metallurgical coal mine in Queensland.
Golding has signed an Equipment Hire and Services Agreement (EHSA) with OneSteel Manufacturing Pty Ltd (Administrators Appointed) at the South Middleback Ranges mine in South Australia’s Eyre Peninsula. This contract will replace the current arrangements between Golding and OneSteel, which Golding has worked under since the appointment of Voluntary Administrators to OneSteel.
The EHSA has a total value of approximately A$150 million ($103 million) over a three-year term that starts in July 2026. It provides continued employment for many living within the local region.
Approximately 60 people will remain with Golding under the EHSA and the balance required to continue mining operations will transition to OneSteel.
Under the terms of the EHSA the existing fleet on site will be supplemented by new equipment to support operational and production needs and will be supplied on a fully serviced plant hire arrangement. No material capital will be required over the term of the contract.
Golding has also been awarded a contract by Anglo American for construction of a new circa-10.8 km rail diversion and associated utilities infrastructure near Moranbah in central Queensland. The contract has an approximate value of between A$41 and A$45 million and is due to be completed in March 2027, with circa-230 people engaged on the project.
NRW Chief Executive Officer, Jules Pemberton, said: “I am delighted to announce the award of an equipment hire and services contract at Whyalla in South Australia. This award is reflective of Golding’s continued commitment to the area. The ability to utilise installed capacity to continue our 15-year tenure in the Whyalla region consolidates our presence and provides a base to grow in South Australia.
“In addition to this, Golding has consistently demonstrated their ability to deliver mining infrastructure projects safely and reliably to the Queensland resources industry, as demonstrated by this new contract with Anglo American.
“As the company looks to financial year 2027, it is pleasing to see these contract awards further strengthen our order book.”
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