Diversified construction company WestStar Industrial (ASX:WSI) has signed a major contract for construction work at the Talison lithium mine, the world’s largest lithium mine, marking an impressive run of agreements with major resources companies.
WestStar Industrial’s wholly-owned business SIMPEC has been awarded a $2.7 million contract for the design, construction and installation of process water tanks for the state-of-the-art processing plant at Talison.
Talison is located 90km south-east of Bunbury, Western Australia and is estimated to currently produce approximately 30% of the world’s lithium.
Construction work, which will be undertaken by SIMPEC immediately, is for tanks required to operate a second Chemical Grade Plant (CGP2), that is tipped to double the capacity of the Talison mine once operational.
WestStar has been riding an impressive run of form, with the company winning two contracts and a major contract extension at Talison since the beginning of the calendar year.
Over the same time the builder has brought in business with other big-ticket names, including BHP, signing a maiden contract and second order for works at the South Flank mine.
For the past six months, SIMPEC has tendered for more than $150 million of work and expects to continue tendering for projects throughout Australia.
Commenting on the Talison win, SIMPEC Managing Director Mark Dimasi said: “This award is the culmination of many months of effort from the team.
We are very excited about our increasing involvement in the CGP2 Project. We are optimistic that our work here will translate into further awards and even greater market traction.”
WestStar has opened today’s trading up close to six percent at 1.8 cents per share.
