Wang & Lee Group (WLGS) said Thursday it received a $71 million contract from NQ Marble for the exploration and quarrying of natural marble along with the design and implementation of a solar battery crypto farm in Australia.
NQ Marble paid a $1 million non-refundable deposit to Wang & Lee.
The contract will use over 25 square kilometers of land to integrate marble production with renewable energy generation, Wang & Lee added.
Shares of Wang & Lee were down past 13% in recent trading.
Price: 4.26, Change: -0.65, Percent Change: -13.26
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