NRW Holdings extends Karara iron ore contract to Feb 2032
NRW Holdings extended its Karara iron ore mine contract by five years to February 2032, valued at A$960 million. Jefferies said it helps reduce risk but not enough to turn bullish.
NRW Holdings's contract extension for the Karara iron ore mine helps to reduce risk around the stock, although not by enough for Jefferies to turn bullish.
The contract will now run for five more years to February 2032.
It's valued at A$960 million.
Jefferies estimates this represents a step-up in…