Australia's WestStar Industrial hits more than 3-month high on unit's contract win

Weststar Industrial

09/01/2026 24:59

** WestStar Industrial WSI.AX rises as much as 7% to A$0.091, highest since September 30

** Construction and engineering co's unit SIMPEC wins ~A$11 million ($7.4 million) contract

** Says contract for delivery of structural, mechanical piping (SMP) works at Tianqi Lithium Energy Australia in Western Australia

** WSI fell 21% in 2025

($1 = A$1.4934)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))