tiprankstipranks
Weir Group Secures £25m Moroccan Mining Contract
Company Announcements

Weir Group Secures £25m Moroccan Mining Contract

Weir Group plc (The) (GB:WEIR) has released an update.

Don't Miss Our Christmas Offers:

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.

Related Articles
TheFlyWeir Group upgraded to Overweight from Underweight at Morgan Stanley
TheFlyWeir Group upgraded to Buy from Hold at Deutsche Bank
TipRanks UK Auto-Generated NewsdeskWeir Group Sees Voting Rights Change by Black Creek
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App