Weir Group Lands £25m Moroccan Mining Contract
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Weir Group Lands £25m Moroccan Mining Contract

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

The Weir Group PLC has secured a significant £25m contract to supply WARMAN slurry pumps and CAVEX hydrocyclones for two major greenfield projects in Morocco, aiding in the expansion of phosphate production. The order, which will be recognized in Q3 2024, underscores the company’s commitment to providing energy-efficient and sustainable mining technologies. Post-installation, Weir will continue to support the projects with technical expertise from its Moroccan service center.

For further insights into GB:WEIR stock, check out TipRanks’ Stock Analysis page.

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