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IN BRIEF: Weir wins £25 million contract for sustainable solutions

ALN

Weir Group PLC - Glasgow-based mining engineering - Wins £25 million contract to provide OCP Group with energy-efficient and sustainable solutions for the Benguerir and Louta greenfield phosphate projects in Morocco. Order will be recognised in the order book during the third quarter of 2024. Following commissioning of the equipment, Weir’s technical experts will provide after-market support from its local service centre.

Weir says: ‘The order will support the continued construction of the Louta project and the trebling of production from the Benguerir project, where Weir has previously provided similar separation and desliming solutions also based on our market leading Warman slurry pump and Cavex hydrocyclone technology.’

Current stock price: 2,190.00 pence

12-month change: up 17%

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