NRW Bags Roper Bar Iron Ore Project Contract
NRW Holdings has won an AUD123 million mining contract for the Roper Bar iron ore project in Australia from Nathan River Resources. The contract covers the
NRW Holdings has won an AUD123 million mining contract for the Roper Bar iron ore project in Australia from Nathan River Resources. The contract covers the stage 1 operations at the iron ore project located in the Roper Gulf region in Northern Territory. Stage 1 of the project will see a production of 4.6 million tonnes of direct shipping ore and 1 million tonnes of dense media separation at 1.5-1.8 million tonnes per annum over three years.
The contract scope covers drill and blast, load and haul, top-soil and subsoil removal, clearing and grubbing, and rehandling of ore stockpiles. The contract will have duration of 33 months and will involve nearly 55 site-based personnel.
Nathan River Resources, which is owned by British Marine Group, had acquired the Roper Bar Project in 2017 from Western Desert Resources. In May 2020, Nathan River Resources was granted further approval from the Northern Territory government to develop the next stage of the project. The Roper Bar iron ore project was commissioned last October, with first direct shipping ore exports commencing in the following month. Currently, ramp-up of its production is on the verge of completion, with the completion of four vessels.
Nathan River Resources has an offtake agreement in place with Glencore for marketing and distribution of iron ore from Roper Bar.