CAPABILITYSTATEMENT2013Holdings Limited

To deliver beyond our clients’ expectations and maintain strong, mutually beneficial relationships.

To ensure a safe working environment for all our people at all times.

To provide sustainable, progressive opportunities for the people in the communities in which we operate.

To attract and retain a skilled, proactive and quality workforce.

To minimise our environmental footprint.

OUR COMMITMENT

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THE NRW DIFFERENCE ...................................... 4

OUR HISTORY .................................................... 5

NRW MILESTONES ............................................. 6

CIVIL ................................................................... 8

CURRENT AND PAST CIVIL PROJECTS ............. 9

MINING ............................................................. 10

CURRENT AND PAST MINING PROJECTS ....... 11

ACTION DRILL & BLAST ................................... 12

ACTION MINING SERVICES .............................. 13

SAFETY ............................................................. 14

ENVIRONMENT ................................................. 15

QUALITY ........................................................... 16

INDIGENOUS ENGAGEMENT ........................... 17

OUR PEOPLE .................................................... 18

DELIVERY APPROACH ..................................... 19

CONTENTS

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NRW is proud to be one of the leading civil and mining contractors in the Australian resources and infrastructure sectors. Our ongoing growth and success is a direct consequence of the commitment we make to our clients, our people, the communities in which we operate and our shareholders. Our flat management structure allows us to be proactive in managing major projects whilst maintaining the required flexibility to respond quickly to client needs.

Our people are the basis of our success and we invest heavily in their growth and development. Keeping them safe at all times is paramount to the foundations on which our business is built.

NRW has strong ties to the communities and the people in the remote regional areas in which we predominantly operate. Our Indigenous training program, Powerup; our Indigenous joint ventures; and our ongoing sponsorship of local organisations are just some examples of how we maintain these ties.

THE NRW DIFFERENCE

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This success continued with a mining services contract won at Kanowna Belle Gold Mine, closely followed by the award of a similar contract at Darlot Gold Mine.

In the years since, NRW has significantly expanded its service offerings and through our move to the Pilbara region in 1998, we now hold the enviable position as one of Australia’s leading providers of diversified services in the civil construction and mining industries.

Listed on the Australian Securities Exchange in 2007, NRW’s current client list includes global resource giants BHP Billiton and Rio Tinto. Other key clients include Fortescue Metals Group and Bechtel.

NRW Holdings Limited’s subsidiary Action Mining Services was established in the early nineties and acquired by NRW in 2007. The Company offers a comprehensive refurbishment and rebuild service for earthmoving equipment and machinery, and also manufactures fully equipped mobile support vehicles from service modules to water tank modules and custom built equipment.

2007 also marked the first year NRW commenced international operations in Guinea (West Africa), for Rio Tinto’s Simandou Project.

In 2010 we expanded our civil contracting capability to include concrete installation, ensuring the continuation of the organic growth of the business.

To date, NRW has been awarded almost 100,000 cubic metres of concrete works, with the largest single contract being the Karara Iron Ore Project in the Mid-West for over 50,000 cubic metres.

Also in 2010, NRW established Action Drill & Blast to complement the Civil and Mining divisions and Action Mining Services. Action Drill & Blast provides drill and blast services to the NRW Group and also independently seeks contract opportunities direct to mining, civil and oil and gas companies throughout Australia and beyond.

NRW’s strategy of commodity and geographical diversification was realised in 2011 with the award of a five year coal mining contract in Queensland’s Bowen Basin. The purchase of assets for $84 million from Comiskey Earthmoving only months earlier yielded a substantial plant and tyre inventory which was primarily assigned to the Middlemount Project. The Comiskey deal also represented NRW’s most significant purchase to date.

In late 2012, NRW was awarded a substantial contract at the primarily Chevron owned, Wheatstone Project. This key milestone marked our first significant oil and gas project and saw us further achieve our goal of commodity diversification.

NRW will continue to utilise the diverse skills and experience of our management team and Board of Directors, to build upon strengths and continue to prove our value as a provider of quality services to the resources and infrastructure sectors.

NRW was established in 1994, with our first contract in the Goldfields region of Western Australia. Starting out as a small, privately run civil constructing and general plant hire firm, NRW had a determined spirit and a long term vision, and soon became one of the leading tailings dam constructors in the region. We landed our first major coup in 1995 when we were awarded a five year contract for Westlime in Dongara, WA.

OUR HISTORY

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NRW MILESTONES

2008Won $250 million contract for works on Rio Tinto’s Brockman 4 Project.

Won three year mining contract at OM Holdings Bootu Creek (NT) for $210 million.

1995 - 2000Five year contract for Westlime at Dongara.

Acquired Opthalmia Contracting to establish a presence in the Pilbara, operating in Newman.

Opthalmia held a three year contract to service BHP Billiton Iron Ore’s Mt Whaleback iron ore mine.

Awarded mine cutback contract at Kanowna Belle for Delta Gold, leading to a three year crusher feed and mine services contract.

Completed update of safety and management systems and achieved initial pre-qualification for Rio Tinto tenders.1994

NRW founded

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2007Acquired Action Mining Services, a provider of heavy equipment maintenance services.

Began providing services to Rio Tinto’s Simandou project in Guinea, West Africa.

Finalised contractual negotiations with Fortescue Metals Group for a total of 105 km of rail formation works from the Cloudbreak mine site through the Chichester Ranges.

Listed on Australian Securities Exchange.

2001-2006Completed first of many rail sidings for BHP Billiton Iron Ore at Newman and pre-strip operations at Mt Whaleback.

Awarded tailings dam contract at Paraburdoo for Hamersley Iron (Rio Tinto).

Negotiated waste mining contract at Paraburdoo for Rio Tinto.

Acquired heavy earthmoving fleet to support mining contracts.

Commenced operations in Tom Price for Rio Tinto.

Won $92 million contract for civil works on Rio Tinto’s Yandi JSE Expansion Project.

Negotiated contract for Hope Downs Stage 1 civil infrastructure works.

Secured two year contract mining mineral sands on Tiwi Islands (NT) for Matilda Minerals.

Private equity placement to Stark Investments.

NRW MILESTONES

2010Awarded $120 million Concrete and Civil package at Karara Iron Ore Project for Karara Mining Limited – NRW’s first major concrete project.

Action Drill & Blast established to provide specialist services to NRW and external clients.

Won first Government infrastructure project as a participant in City East Alliance for Main Roads WA Great Eastern Highway Upgrade Project, valued at $225 million.

NRW awarded first contract in the oil and gas sector on BHP Billiton Petroleum’s Macedon Project.

2012NRW posts a record profit of $97.1 million for FY 2011 / 2012.

Awarded first significant oil and gas project at the Chevron owned, Wheatstone Project.

Awarded second contract at BHP Billiton Iron Ore’s Port Hedland Inner Harbour Project.

Received Rio Tinto’s Supplier of the Year award in the construction category.

NRW delivered a diverse range of projects for Fortescue including; Anderson Point Port Expansion, Solomon Spur Rail, Solomon Tail Storage Facility, Christmas Creek Mining.

NRW introduced the A safe day, every day Program, to promote the importance of safety to our workforce.

Through the HSE Recognition Program – a fringe program of A safe day, every day – NRW donated a total of $190,000 to various charities on behalf of the Project of the Quarter and Project of the Year winners.

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2011Won preliminary contract for a coal project in Queensland for Middlemount Coal followed by the five year mining contract valued at $780 million.

Awarded Anderson Point Port Expansion bulk earthworks and concrete package as part of T155 expansion.

Awarded $158 million earthworks package at the Port Hedland Inner Harbour Project for BHP Billiton Iron Ore.

Action Drill & Blast awarded $7.5 million two year contract at Greenbushes for Talison Lithium and $1 million contract at South Middleback Ranges.

Negotiated five year framework agreement with Rio Tinto.

Awarded over $341 million in contracts to NRW in joint venture with Indigenous partners Eastern Guruma Pty Ltd and Ngarluma and Yindjibarndi Foundation Ltd (NYFL).

2009LJN Consortium awarded BHP Billiton Iron Ore’s RGP5 Rail (South) duplication package.

Won Cape Preston Bulk Earthworks and Breakwater Construction including over 6.5 million cubic metres of rock.

Won $200 million Rio Tinto mining contract at Western Turner Syncline in joint venture with Indigenous partner Eastern Guruma Pty Ltd.

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The strong growth of NRW’s Civil Division has been built on a foundation of consistently delivering project works to the highest standards. Since beginning as a small civil construction contractor, NRW has demonstrated an outstanding safety record and the capacity to deliver projects on time and on budget.As a tier one civil contractor, NRW’s extensive plant list provides cost and scheduling efficiencies on each project undertaken, and ultimately savings for clients. NRW has experience in construction for both private and public infrastructure.

NRW civil projects have included bulk earthworks, concrete installation, project rehabilitation, conveyor line preparation and construction of roads, drill pads, rail formations, tailings dams, run-of-mine pads, seawalls, airstrips, greenfield mine development, bridges, tunnels, accommodation camps and iron ore storage facilities.

CIVIL

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West Angelas Access Road – Rio Tinto

Yandi Sustaining Project – Rio Tinto

Thomas Rail Marshaling Yard – Fortescue Metals Group

Western Turner Syncline Civil Works – Rio Tinto

Cape Lambert Car Dumper – Rio Tinto

Cape Lambert Port Earthworks, Contract Two – Rio Tinto

Boolgeeda Airstrip – Rio Tinto

Wheatstone Project – Bechtel

Solomon Spur Rail Project – Fortescue Metals Group

Port Hedland Inner Harbour Project – BHP Billiton Iron Ore

Anderson Point Port expansion – Fortescue Metals Group

Cape Lambert Port B – Rio Tinto

Main Line Rail duplication – Fortescue Metals Group

Western Turner Brockman – Rio Tinto

RGP5 Rail (South) duplication – BHP Billiton Iron Ore

Morawa–Mullewa rail ECI phase – WestNet Rail

Great Eastern Highway upgrade – Main Roads WA

Karara concrete and bulk earthworks – Karara Mining Limited

Southern Region sustaining works package – BMA

Norwich Park access road and bridge – BMA

Greenfields mine to port rail formation – Fortescue Metals Group

Christmas Creek to Cloudbreak rail formation – Fortescue Metals Group

Sino Iron bulk earthworks and breakwater – CITIC Pacific

Yandi Junction South East – Rio Tinto

Brockman 4 plant, rail and infrastructure – Rio Tinto

Brockman 4 pioneering works – Rio Tinto

Hope Downs access road – Rio Tinto

Yandi access road – Rio Tinto / BHP Billiton Iron Ore

CURRENT AND PAST CIVIL PROJECTS INCLUDE:

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NRW is a leading provider of contract services to the mining sector. With a proven capacity to safely deliver contracts that meet timeframes and budgets, NRW has become the “contractor of choice” for many of Australia’s leading mining companies. With a fully mobile workforce and an extensive schedule of plant and equipment, NRW has demonstrated comprehensive experience in developing mines in remote locations throughout Western Australia, the Northern Territory, Queensland, as well as Guinea in West Africa. Significant works have been undertaken in the iron ore, coal, gold, diamond and mineral sand sectors. Services provided include ore and waste mining, surface and underground haulage, drill and blast, crusher feeding and related ancillary services.

MINING

CURRENT AND PAST MINING PROJECTS INCLUDE:Middlemount Coal – Joint Venture between Peabody Energy and Yancoal

Western Turner Syncline – Rio Tinto

Bootu Creek Manganese Project – OM Holdings

Christmas Creek Mining Stage 1 – Fortescue Metals Group

Cloudbreak – Fortescue Metals Group

Simandou – Rio Tinto

Yandi JSE Prestrip – Rio Tinto

Hope Downs 1 - Stage 2 Project South – Rio Tinto

Hope Downs Deposit North Mining – Rio Tinto

Tom Price Extension – Rio Tinto

Western Limb Cutback, Tom Price – Rio Tinto

Solomon Hub – Fortescue Metals Group

Kimberly Diamond Mine – Kimberly Diamond Company

Kanowna Belle Gold Mine – Delta Gold Limited

Tiwi Island Mineral Sands – Matilda Minerals

Darlot Gold Mine – Barrick Gold

Paddington Gold Mine – Goldfields Limited

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Since its establishment in 2010, Action Drill & Blast has quickly become one of Australia’s leading providers of drill and blast services. With a fleet of the latest technology drill rigs, highly experienced staff and a commitment to the highest levels of safety, Action Drill & Blast has already delivered projects for some of Australia’s leading mining companies including Rio Tinto (Western Turner Syncline) and BHP Billiton Iron Ore (RGP5). The fleet of drill equipment enables drill holes from 64 to 270 millimetres in diameter, providing capability to drill services for contour, restricted and production blast patterns.

Action Drill & Blast’s personnel are experienced in the provision of production and civil drill and blast services across a wide range of commodities in Australia.

Current and past projects include:

Cape Lambert B Car Dumper 6 & 7 and Stockyards – Rio Tinto

Summit and Cloudbreak – Brierty

Western Turner Brockman – Rio Tinto

Solomon Mine – Fortescue Metals Group

Greenbushes – Talison Lithium

Isaac Plains Coal JV – John Holland

Hail Creek – Rio Tinto

Western Turner Syncline – Rio Tinto

RGP5 Rail (South) duplication – BHP Billiton

Karara Iron Ore Project – Karara Mining Ltd

Greenbushes – Talison Lithium

South Middleback Ranges – HWE Mining

Christmas Creek – Downer EDI

Middlemount Coal – Joint Venture between Peabody Energy and Yancoal

Main Line Rail duplication – Fortescue Metals Group

Cape Lambert Port B – Rio Tinto

ACTION DRILL & BLAST

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ACTION MINING SERVICESAction Mining Services (AMS) is a one stop mobile equipment refurbishment company offering efficient and cost effective services to the resource industry. With its state of the art premises in Hazelmere, Action Mining Services boasts a workshop equipped with the latest technology and employs qualified technicians to complete any job to exact client specifications. AMS has more than 6,000 square metres of undercover space, while door dimensions of eight metres wide by fourteen metres high ensure that Action Mining Services can accommodate even the largest mining equipment.

The Company specialises in all types of equipment repairs from mobile plant mechanical repairs to complete vehicle rebuilds, as well as a full sandblasting and painting service. AMS manufacture water and service trucks for the civil and mining industry. These specialised units have been designed using in–house drafting and engineering services state of the art software, with built in 3D and FEA capability.

Action Mining Services’ employees are factory trained and supported by technical data sheets, workshop manuals and the latest computer technology to guarantee a premium service for its clients.

Current and past clients include:

Thiess

Emeco

MACA

Downer

BTP / Best Tractor Parts

Westrac

HWE / Leightons / Ngarda

Oztrac

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Keeping our people safe at all times is paramount to the foundations on which NRW is built.We want every single one of our employees, and our sub-contractors’ employees, to feel safe at work and our commitment to safety is reflected at every level of the organisation. We strongly believe all accidents are preventable and join existing and prospective clients in a shared vision of incident and injury free projects.

NRW are committed to achieving the highest possible performance in occupational health and safety across all business operations with a target to eliminate all safety incidents and injuries on every project. Safety at NRW is everyone’s responsibility and all employees are actively encouraged to contribute to the occupational health and safety plan through the identification and mitigation of risks. Every employee is also highly trained in the safety procedures relative to their role and the correct operation of plant and equipment.

Our Occupational Health and Safety Management Systems are accredited to AS4801:2001, the applicable Australian Standard and subject to continuous audit. We stringently manage risk through a planned and careful approach focusing around hazard identification, minimisation, monitoring and control procedures, and by reviewing safety performance. To assist in achieving a commendable safety record, our management plans have been based on safety management systems, principles and guidelines that promote continuous improvement.

SAFETY

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ENVIRONMENTNRW understands that responsible environmental management plays a significant role in ensuring the sustainability of the mining and resource industries. NRW has demonstrated outstanding performance in managing the environmental impact of projects and works closely with clients to ensure compliance with all legislative requirements.

NRW maintains certification to the international specification for Environmental Management Systems ISO 14001. Compliance to the specification is strictly monitored by external agencies on a regular basis and demonstrates the commitment shown by our management to continually improve the Company’s environmental performance and business efficiency.

NRW’s Environmental Management Systems provide the foundation for the consistent delivery of the highest level of environmental management across all projects. In order to identify environmental obligations and to set management procedures, every project undertaken involves careful environmental planning from project inception to the operational stages. Environmental professionals are engaged to monitor compliance with these obligations and encourage positive behaviours and high quality outcomes.

We strive to minimise our environmental footprint.

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All activities across NRW are performed by our competent, qualified and experienced workforce. In addition to the implementation of Quality Management Systems, NRW have also developed a number of in-house technical and safety standards to ensure the highest level of quality and safety is delivered on every project.It is NRW’s objective to provide our clients with an outstanding level of service at a cost-effective price. In order to achieve this objective a quality management system based upon the International Standard AS/NZS ISO 9001:2008, has been implemented. This Quality Management System ensures all activities are performed in a systematic and controlled manner and in an environment conducive to a philosophy of continued improvement and excellence.

All NRW employees are aware of the Quality Management System and are actively encouraged to support compliance to the standards required. Every project has pre-determined key performance indicators that ensure performance is aligned with exact client requirements and assessed at regular intervals throughout the project.

QUALITY

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INDIGENOUS ENGAGEMENTWe recognise that our long-term success depends on the well-being and development of the communities in which we operate. We respect the importance of Indigenous Australian culture and value its diversity.We have successfully employed and supported Indigenous people within our operations since the forming of the Company. Increasing Indigenous representation in employment on our projects is an integral part of NRW’s philosophy.

NRW Civil and Mining have a strong commitment to provide real opportunities to the Indigenous Communities in which we operate. Our innovative 50/50 joint venture approach, in which we partner with the traditional landowners of those areas, is an exciting and sustainable way forward.

NRW Indigenous joint venture Projects have included:

NRW–NYFL Joint VentureCape Lambert Port B – Rio Tinto

Pannawonica Bridge Repair Project – Rio Tinto

Solomon Hub Mining – Fortescue Metals Group

NRW–Eastern Guruma Joint VentureWestern Turner Syncline – Rio Tinto

Western Turner Brockman – Rio Tinto

Channar Rehabilitation Project – Rio Tinto

Solomon Hub Mining – Fortescue Metals Group

POWERUPNRW’s commitment to providing sustainable opportunities to Indigenous Australians is evident in our Indigenous Development Program, Powerup. This intensive pre-employment work ready program provides opportunities for entry level Indigenous candidates to break into the civil and mining industries.

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Our business is built on our people, our combined passion and our underlying commitment to be the contractor of choice in the resource and infrastructure sectors. NRW’s success is a result of our capacity to consistently and safely deliver projects, as well as our ability to recruit and retain the most experienced, committed and innovative people.

We recognise our employees are of vital importance to our future growth and profitability and for this reason we regard their health, safety, job satisfaction, and personal achievements with the utmost importance.

Training and DevelopmentNRW’s people are some of the best in the industry. Their talent is a resource that should be nurtured and that is exactly what NRW aims to do through our upskilling and training programs. Provided they have the prerequisites, NRW people who are driven and determined to better themselves and their careers can undertake our upskilling programs.

OUR PEOPLE

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DELIVERY APPROACHAs a tier one civil and mining contractor, NRW takes great pride in our ability to adapt our delivery approach and level of engagement to meet client requirements.Whether it’s the design optimisation and construction of a greenfields rail project; the construction of mine infrastructure roads and camps; a long term mining contract; or metropolitan highways in major cities, NRW has a ‘can do’ attitude which our clients have come to expect from us.

Our delivery model experience encompasses modern relationship contracting approaches including Alliancing and Early Contractor Involvement, as well as the more traditional model of undertaking works on a Schedule of Rates or Dayworks basis.

Our expertise and experience make NRW an invaluable partner when it comes to civil and mining operations and we look forward to building upon this reputation as we progress into the future.

www.nrw.com.auHoldings Limited