Worley Limited ( (AU:WOR) ) has provided an announcement.
Worley Limited has been appointed as the Lead Integration Delivery Partner by Rincon Mining Pty Limited, a subsidiary of Rio Tinto, for the Rincon Full Potential Project in Argentina. This project involves the detailed design and execution of a lithium carbonate plant, with a significant investment of US$2.5 billion by Rio Tinto. The project aims to produce 60,000 tonnes of battery-grade lithium carbonate annually, enhancing Worley’s position in the lithium market and contributing to the energy transition. The contract is categorized as sustainable work and highlights Worley’s commitment to sustainability and its strategic relationship with Rio Tinto.
More about Worley Limited
Worley Limited is a leading global professional services company specializing in energy, chemicals, and resources. The company partners with customers to deliver projects and create value over the life of their assets, focusing on sustainable energy sources while providing essential energy, chemicals, and resources. Worley is headquartered in Australia and is listed on the Australian Securities Exchange.
YTD Price Performance: 5.90%
Average Trading Volume: 877
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.75B
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