Weir Group plc (The) (GB:WEIR) has released an update.
Weir Group PLC has secured a £53m contract to supply energy-efficient solutions for the Reko Diq copper-gold project in Pakistan, with the first £26m recognized in Q3 and further bookings in 2024 and 2025. The contract involves providing grinding, separation, and tailings equipment, including the market-leading ENDURON HPGRs, to support the project’s estimated 40-year mine life. Weir’s innovative technology aims to meet the project’s sustainability goals, particularly in the water-scarce region of Balochistan.
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