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NRW Holdings halts trading ahead of update on SIMEC contract

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The news: Construction and mining contractor NRW Holdings has halted trading on the ASX, pending an announcement about its contract with SIMEC in South Australia.

The numbers: NRW shares were down 1.9% to $3.29 at 1:30pm AEDT before its shares were halted.

The context: The trading halt will last until the earlier of NRW making an announcement to the market, or the start of normal trading on Friday.

The source: ASX announcement


By Hugo Mathers