Wang & Lee Group, Inc. ( (WLGS) ) has shared an announcement.
On March 6, 2025, Wang & Lee Group, Inc. announced a significant contract awarded by NQ Marble Pty Ltd, valued at US$71 million. This agreement grants Wang & Lee exclusive rights to develop dual-purpose marble quarrying and a solar crypto farm in Queensland, Australia. The project aims to optimize land use by combining marble extraction with renewable energy generation, leveraging Queensland’s abundant solar resources. This initiative is expected to enhance profitability through dual revenue streams and support Australia’s transition to sustainable practices. The collaboration also seeks to expand market share in Asia-Pacific’s luxury construction markets and drive innovation in sustainable quarrying.
More about Wang & Lee Group, Inc.
Wang & Lee Group, Inc. is a multinational leader in sustainable infrastructure and resource development. The company focuses on integrating traditional resource extraction with renewable energy innovations, positioning itself prominently in the sustainable industrial practices sector.
YTD Price Performance: 124.18%
Average Trading Volume: 536,623
Technical Sentiment Consensus Rating: Sell
Learn more about WLGS stock on TipRanks’ Stock Analysis page.