SIMPEC maintains winning streak with contract extensions

SIMPEC has added around $5 million in extensions to its contracts across all the structural, mechanical and piping, and electrical and instrumentation disciplines in Western Australia.

This portfolio boost goes on top of the additional $2.5 million in extensions for “Western Australia’s largest resources projects” announced last month.

Though SIMPEC didn’t specify which projects, the WestStar Industrial business has previously been contracted to supply and install electrical and communication systems for Rio Tinto’s Robe River joint venture project, West Angelas, in the Pilbara.

SIMPEC is also contracted at Tianqi Lithium’s Kwinana processing plant, Talison Lithium’s Greenbushes mine and Iluka Resources’ Cataby mineral sands development for a range of piping works.

These contract extensions have pushed WestStar Group year-to-date orders to over $50 million during the 2019 financial year.

WestStar also begins the 2020 financial year with the $5 million added in the first week, as well as contracts that remain ongoing from the previous financial year, according to its ASX statement.

“Having delivered a strong pipeline of contract awards over the past year, SIMPEC continues to consolidate its position and build its credentials on major projects. We again thank all of our clients for their support,” managing director Mark Dimasi said.

SIMPEC continues to tender strongly for new work and expect outcomes from these tendering activities in due course.

Send this to a friend