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Golding and Coronado sign contract extension for Curragh

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World Coal,

NRW Holdings Ltd’s wholly owned subsidiary, Golding Contractors Pty Ltd, has signed a contract extension with Coronado Curragh Pty Ltd, a wholly owned subsidiary of Coronado Global Resources Inc., to extend the current six fleet mining services contract to 31 December 2026.

NRW had previously announced that it had signed a letter of intent for the contract extension on the 16 August 2021. Under the terms of the now executed contract, Golding will continue to provide mining and mobile plant maintenance services at Curragh Main. The associated expansion in scope will see Golding provide equipment, parts and consumables previously free-issued by Coronado, while Golding’s site based mine planning resources will also be increased.

The contract extension is valued at approximately AUS$1.2 billion (subject to operational requirements throughout the term) and brings the value of NRW group work in hand to a record AUS$5 billion.

Golding will spend AUS$46 million on capital for new equipment throughout the contract period as previously advised and will continue to employ approximately 500 people at the mine, most of which live in the Central Queensland region.

NRW CEO & Managing Director, Jules Pemberton, said: “I am delighted that the Golding team have now executed the contract with Coronado. This agreement continues the long and successful relationship Golding have established at the Curragh Mine since first commencing on site in 2014.”

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