tiprankstipranks
Advertisement
Advertisement

Worley Wins Key U.S. Battery Materials Contract from Orbia

Story Highlights
  • Worley will deliver engineering, supply chain, modularization and construction support for Orbia’s new LiPF₆ battery materials plant in Louisiana.
  • The contract boosts Worley’s position in energy transition materials, deepening its role in the U.S. lithium-ion battery supply chain and domestic energy security efforts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Worley Wins Key U.S. Battery Materials Contract from Orbia

Meet Samuel – Your Personal Investing Prophet

Worley Limited ( (AU:WOR) ) has provided an update.

Worley has secured an engineering and design services contract from Orbia Fluor & Energy Materials for a new lithium hexafluorophosphate production facility in St. Gabriel, Louisiana, Orbia’s first large-scale LiPF₆ plant in the United States. The project will be executed through Worley’s Louisiana office with support from its Global Integrated Delivery team, and includes engineering, full supply chain and modularization services, construction support, and extensive process automation to reduce manual operator tasks.

The contract underlines Worley’s growing role in energy transition materials, reinforcing its position in the U.S. battery materials supply chain as demand for lithium-ion batteries rises. By supporting a facility designed to produce up to 10,000 tonnes of LiPF₆ annually for domestic use, Worley strengthens its presence in critical battery infrastructure projects and enhances its strategic alignment with customers focused on energy security and decarbonization-related supply chains.

The most recent analyst rating on (AU:WOR) stock is a Buy with a A$14.00 price target. To see the full list of analyst forecasts on Worley Limited stock, see the AU:WOR Stock Forecast page.

More about Worley Limited

Worley Limited is a global professional services company focused on the energy, chemicals and resources sectors, partnering with customers to deliver projects and create value over the life of their assets. Headquartered in Australia and listed on the ASX, Worley positions itself at the intersection of traditional resources and the transition to more sustainable energy sources.

Average Trading Volume: 3,091,965

Technical Sentiment Signal: Sell

Current Market Cap: A$5.95B

For detailed information about WOR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1