NRW Holdings Limited announced that it has received a Notice of Award for the Bulk Earthworks contract for the Iron Bridge Magnetite Project. The award remains subject to finalisation of a number of outstanding contractual items but in the meantime, NRW has been directed to commence mobilisation. The contract scope for NRW includes the bulk earthworks and drainage for roads, processing plant and infrastructure for the new mine site development. The contract value is circa $70 million and is expected to have a duration of approximately 45 weeks. At its peak there will be approximately 200 site based personnel required for the project.