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The latest announcement is out from WestStar Industrial Ltd. ( (AU:WSI) ).
WestStar Industrial’s wholly owned subsidiary SIMPEC has secured an approximately $11 million contract to deliver structural, mechanical and piping works for Tianqi Lithium Energy Australia’s lithium hydroxide processing plant at Kwinana, Western Australia. The project, which starts immediately and is due for completion in the second quarter of 2026, involves integrating new mechanical equipment into the existing facility and reinforces SIMPEC’s strategy of supporting Australia’s energy transition while deepening WestStar’s foothold in the rapidly expanding lithium processing and battery materials supply chain.
The most recent analyst rating on (AU:WSI) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on WestStar Industrial Ltd. stock, see the AU:WSI Stock Forecast page.
More about WestStar Industrial Ltd.
WestStar Industrial Limited is an Australian industrial services company specialising in steel fabrication, installation and maintenance across the resources, oil and gas, water and infrastructure sectors. Through subsidiaries such as SIMPEC, Alltype Engineering and Watmar, it provides structural, mechanical and piping, electrical and instrumentation, civil construction, fabrication and fluid systems services to clients in energy, infrastructure, defence, marine and mining, with operations delivered across Australia and internationally.
Average Trading Volume: 183,319
Technical Sentiment Signal: Sell
Current Market Cap: A$10.04M
See more insights into WSI stock on TipRanks’ Stock Analysis page.