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Wesfarmers Reports 9.3% Profit Rise, Plans Lithium Expansion

2/19/2026

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Story summary

Wesfarmers Ltd, the Australian conglomerate, reported a 9.3% profit increase for the fiscal first half ended December 31.
The company is considering expanding its lithium mine and concentrator in Western Australia by the second half of this year.
Chief Executive Rob Scott said the operation's capacity could potentially double, with an expected annual output of about 380,000 metric tons of spodumene concentrate.

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Story summary

Wesfarmers Ltd, the Australian conglomerate, reported a 9.3% profit increase for the fiscal first half ended December 31.
The company is considering expanding its lithium mine and concentrator in Western Australia by the second half of this year.
Chief Executive Rob Scott said the operation's capacity could potentially double, with an expected annual output of about 380,000 metric tons of spodumene concentrate.