BUZZ-Australia's NRW Holdings gains on contract wins

Reuters03-20

** Shares of NRW Holdings NWH.AX rise 1.4% to A$2.83

** Stock rose as much as 3.6% to A$2.89, its highest since March 6

** Infrastructure contract services provider's unit was awarded a contract by mining conglomerate Rio Tinto RIO.AX

** Co says contract for works at Rio's Coastal Water Supply Sustaining project valued at A$100 million ($63.61 million)

** Also says unit successful in securing two blast hole drill contracts for coal producer Yancoal Australia YAL.AX valued at A$19 mln

** Stock down 26.6% YTD, including current session's moves

($1 = 1.5721 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com))

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