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WestStar’s SIMPEC Secures $11M Contract with Tianqi Lithium

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WestStar’s SIMPEC Secures $11M Contract with Tianqi Lithium

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WestStar Industrial Ltd. ( (AU:WSI) ) has provided an update.

WestStar Industrial Limited’s subsidiary, SIMPEC, has secured an $11 million contract for a project at Tianqi Lithium’s Kwinana Lithium-Hydroxide Processing operation in Western Australia. This project aims to enhance the facility’s capacity and aligns with SIMPEC’s strategy to support Australia’s energy transition, reinforcing its position in the lithium sector and showcasing its capability in executing complex industrial projects.

More about WestStar Industrial Ltd.

WestStar Industrial Limited is an Australian industrial services company that operates in the energy, resources, utility, and infrastructure sectors. It is involved in steel fabrication, installation, and maintenance services, focusing on the resources, oil and gas, water, and infrastructure sectors. Its subsidiary, SIMPEC, specializes in construction and asset management services within the energy, infrastructure, and resources industries.

Average Trading Volume: 90,408

Technical Sentiment Signal: Sell

Current Market Cap: A$7.85M

For an in-depth examination of WSI stock, go to TipRanks’ Overview page.

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