Jul 15, 2026 – 4.00pmMining services companies Macmahon Holdings and NRW have made a spectacular comeback from the brink of collapse nearly a decade ago, with their shares booming on the back of Australia’s strong resources sector.Over the past 12 months, the share prices of Macmahon and NRW have surged 201 per cent and 123 per cent, respectively. Materials has been the best-performing sector on the ASX over the same period, rising 41 per cent, fuelled by high demand for the resources driving the artificial intelligence boom and energy transition.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Mining services companies soar after near-death experiences
Macmahon, NRW and others have rebuilt their balance sheets and diversified into non-mining interests to overcome the sector’s volatility.
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