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28 August 2023
UGL, a renowned construction firm, has bagged contracts exceeding $600 million, emphasising its mark in the lithium and energy sectors of Western Australia.
A significant portion of these contracts entails UGL’s supervisory role in the construction at a lithium hydroxide facility near Bunbury, commissioned by Albemarle. This venture alone will boost UGL’s revenue by a substantial $300 million.
Albemarle’s strategic vision is evident, with plans to amplify its production capacity. They are set to introduce two more processing trains at the Kemerton site. This enhancement aims to boost the production of lithium hydroxide to a staggering 100,000 metric tonnes every year, a move that would potentially support the manufacturing of an impressive 2.4 million electric vehicles on an annual basis.
In addition to the above, four other agreements, collectively worth $300 million, are in UGL’s portfolio. These contracts range across a myriad of services tailored for distinct project stakeholders.
One such contract engages UGL in delivering services encompassing electrical, mechanical, and instrumental aspects for the notable aluminium manufacturer, Alcoa, specifically for their bauxite and alumina operations in Western Australia.
Furthering their project list, UGL is slated to offer brownfields implementation to an energy entity under a joint venture. This comprehensive contract will span planning and delivering services in areas such as mechanical, electrical, coatings, insulation, and fire protection.
Their responsibilities extend as UGL takes charge of front-line maintenance and related services at facilities managed by the energy giant, Chevron Australia.
The final contract highlights UGL’s partnership with IAS Group, a subsidiary specialising in asset preservation and repair solutions. UGL will render asset maintenance services for an energy firm through the expertise of the IAS Group.
Expressing his views on the recent achievements, CIMIC Group’s Executive Chairman, Juan Santamaria remarked, “These contracts epitomise our unwavering dedication to fostering energy infrastructure. Our expanding footprint in Western Australia, especially in high-tech infrastructure and lithium refining, makes us proud. We are elated to contribute to the creation of one of the globe’s foremost lithium production hubs.”