NRW secures $700m mining services contract with Karara Mining

547

Mining services provider NRW has formally executed a contract with Karara Mining for works at the Karara Iron Ore mine.

The deal is worth around $702 million over the course of five years, with a project workforce of around 250 people.

Located 200 kilometers southeast of Geraldton in the Shire of Perenjori, Karara is the largest mining facility and the first significant magnetite mine in the Mid West.

It makes a premium, high-grade concentrate for export to steelmakers.

Adertisement

Karara’s operation includes a massive open-pit mine, a complex ore processing and beneficiation plant, and major infrastructure and logistics networks, with a projected mine life of 30 years or more.

Load & Haul, Drill & Blast, and ROM Re-Handling are among the tasks to be completed, with the drill & blast component being handled by NRW’s wholly-owned subsidiary, Action Drill & Blast Pty Ltd.

The project also comprises train loading and rehandling of product stockpiles, as well as various dayworks at the mine, camp, and access roads.

Commenting on the contract signing, NRW Chief Executive Officer Jules Pemberton said, “I am delighted that NRW has now been formally awarded the contract and I look forward to a long and successful partnership with Karara Mining.

Karara Chief Executive Officer Mr Changjiang Zhu said, “NRW is an established West Australian based mining and civil contractor with extensive open cut mining experience gained through a number of successful mining operations in the state.

“Offering new prime equipment, NRW has the capability to undertake the entire Karara scope of work comprising a broad range of mining, construction and engineering services. We look forward to commencement of mining services early next year.”

Works are expected to commence in March 2022.

Image credit: https://www.kararamining.com.au/our-business/mining/