Weir Group plc (The) (GB:WEIR) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Weir Group PLC has landed a significant £25m contract to provide energy-efficient separation solutions for OCP Group’s Benguerir and Louta phosphate projects in Morocco. The contract involves the supply of WARMAN slurry pumps and CAVEX hydrocyclones, aiding in the expansion of production and the construction of new facilities. Weir’s local service center in Morocco will offer aftermarket support, and the deal aligns with Weir’s commitment to sustainable and efficient mining operations without affecting the company’s financial guidance for 2024.
For further insights into GB:WEIR stock, check out TipRanks’ Stock Analysis page.