NRW Holdings (ASX: NWH) is pleased to announce that its wholly owned subsidiary, Primero Group, has been awarded the Ramelius Resources Limited (ASX:RMS) Mount Magnet Expansion Project.
The project will deliver a significant upgrade to the processing infrastructure to support the efficient integration of multiple sources of Ore and the expansion of the Mt Magnet production hub. The scope of work includes the construction of a new crushing circuit and coarse ore stockpile, installation of a new grinding circuit, additional leach tanks and associated gold processing infrastructure, resulting in an additional 3 million tonnes per annum (Mtpa) of processing capacity in parallel to the current 2 Mtpa plant that will process the Dalgaranga ore at a finer grind at a nominal 1.3 Mtpa.
The award further strengthens Primero’s position as a leading engineering, procurement and construction (EPC) contractor in the Australian resources sector and reflects its proven capability in the successful delivery of complex minerals processing projects.
Michael Gollschewski, Managing Director of Primero, said: “This award represents an important milestone for Primero and reflects the confidence that Ramelius has placed in our team and delivery capability. We look forward to working closely with Ramelius to execute this strategically important project safely, efficiently and to the highest standard.”
“The project further demonstrates Primero’s ability to deliver large-scale EPC solutions for leading Australian resource companies and continues to build on our strong track record in the gold sector.”
Jules Pemberton, Chief Executive Officer of NRW Holdings, said: “Securing the Mt Magnet Expansion project is a significant achievement for Primero and NRW Group, and highlights the value of our end-to-end engineering, procurement and construction capabilities in the mining and minerals processing sector.”
“The award expands our exposure to the rapidly growing gold sector and further strengthens the Group’s order book, providing a strong platform for future growth.”