NRW on track for $111m contract at OZ Minerals project

The Carrapateena site. Image: OZ Minerals

NRW Holdings has reported that its participation in the early contractor involvement process at OZ Minerals’ Carrapateena copper-gold project in South Australia is nearing completion and it is now finalising contract negotiations.

OZ Minerals today announced it had approved development of the $916 million Carrapateena project and would accelerate construction from September.

According to NRW, the Carrapateena package one contract, worth around $111 million, comprises development of an access road, tailings storage facility, quarry and an airstrip.

NRW managing director Jules Pemberton said the OZ Minerals approval was particularly pleasing for the mining services company as a key construction partner on the project.

“NRW has worked closely with OZ Minerals during the early contractor involvement process to identify cost benefits and cost certainty across the project, from design optimisation and constructability through to project scope sequencing and resources scheduling,” Pemberton said.

OZ anticipates that production will be launched at Carrapateena, regarded as Australia’s largest undeveloped copper project, in the second half of 2019.