NRW scores Rio contract extension

Resources contractor NRW Holdings has been granted a year's extension to its earthworks contract at Rio Tinto's Simandou project in West Africa.

The extension is worth $35 million and will take work at the site through to the end of 2011.

The iron ore mine is located in the Republic of Guinea and operated by Rio's subsidiary Simfer SA.

NRW has been working on Simandou since 2007 and has 120 local and international workers at the site.