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WestStar Industrial Ltd. ( (AU:WSI) ) just unveiled an update.
WestStar Industrial’s wholly owned subsidiary SIMPEC has secured a new construction contract worth approximately $20 million to deliver structural, mechanical, piping, electrical and instrumentation works for a new Filtration Plant at Glencore’s McArthur River Mine in the Northern Territory. The project, which starts immediately and is scheduled for completion in the fourth quarter of 2026, includes modifications to existing infrastructure and installation of the new plant and associated services, reinforcing SIMPEC’s capability in executing complex SMPE&I projects and advancing WestStar’s strategy to expand its national footprint and deepen its presence in Australia’s resources sector.
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 ASX-listed Australian industrial services company specialising in steel fabrication, installation and maintenance for the resources, oil and gas, water and infrastructure sectors. Through subsidiaries such as SIMPEC, Alltype Engineering and Watmar, it provides integrated construction, engineering, SMP (structural, mechanical and piping), electrical and instrumentation, civil and fluid systems services to energy, mining and broader industrial clients across Australia and offshore markets.
Average Trading Volume: 156,601
Technical Sentiment Signal: Sell
Current Market Cap: A$10.56M
For detailed information about WSI stock, go to TipRanks’ Stock Analysis page.