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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.

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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.

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