NRW Holdings is pleased to announce that it has formally executed a contract with Karara Mining Limited (Karara) for mining services works at the Karara Iron Ore mine. This follows receipt of the Letter of Intent from Karara which was announced to the ASX on 18 June 2021.

The contract value is circa $702 million over a five-year duration, with the project workforce averaging an estimated 250 personnel.

Click here to read the full ASX Announcement.