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WestStar Industrial Limited (ASX:WSI)

ALERT: Price-sensitive ASX Announcement for WSI
Current share price for WSI : $0.058 -0.027 (-31.76%)+
Release
9 Jan 2026 8:23AM
Price at Release
$0.085
Full Release
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Summary
WestStar Industrial Limited announced that their wholly owned subsidiary, SIMPEC, has secured a contract valued at approximately $11 million for structural, mechanical, and piping (SMP) works at the Tianqi Lithium Kwinana lithium hydroxide processing plant in Kwinana, Western Australia. This project aligns with SIMPEC's commitment to supporting Australia's energy transition. The project commencement is immediate and expected to conclude by Q2 CY2026. Tianqi Lithium Energy Australia (TLEA), a joint venture between Tianqi Lithium Corporation and IGO Limited, operates the processing operation, with SIMPEC tasked with integrating new mechanical equipment into the existing plant.
Key Points
  • SIMPEC awarded contract for SMP works at Tianqi Lithium Kwinana plant.
  • Project value is approximately $11 million.
  • The project supports SIMPEC’s strategy for energy transition.
  • Immediate commencement with completion expected in Q2 CY2026.
  • TLEA is a joint venture between Tianqi Lithium Corporation and IGO Limited.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.