Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWeir Group Regulatory News (WEIR)

Share Price Information for Weir Group (WEIR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,146.00
Bid: 2,144.00
Ask: 2,148.00
Change: 22.00 (1.04%)
Spread: 4.00 (0.187%)
Open: 2,158.00
High: 2,172.00
Low: 2,136.00
Prev. Close: 2,124.00
WEIR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Weir announces alliance with STM Minerals

27 Sep 2022 07:00

RNS Number : 7202A
Weir Group PLC
27 September 2022
 

Weir and STM Minerals to accelerate sustainable mining

The Weir Group PLC (Weir), a global mining technology leader, announces a new alliance with Swiss Tower Mills Minerals AG (STM) in which Weir will market STM's innovative vertical stirred grinding mills for coarse grinding applications world-wide.

Integrating vertical stirred grinding mills into Weir's minerals processing flow sheet will provide customers substantial improvements in throughput and energy efficiency, helping them to meet their productivity and sustainability goals.

STM's vertical stirred grinding technology is well proven for energy efficient comminution in the mining market with more than 80 units currently operating in the hard rock mineral processing industry across the globe. It is used within the comminution segment of the minerals processing circuit as part of a series of crushing and grinding processes that create the fine particles from which minerals can be extracted through floatation.

Comminution is one of the most energy intensive parts of the mine, accounting for 25% of the final energy consumption of an average mine site. Weir is already a leader in comminution technologies, such as Enduron® HPGRs which are driving down energy consumption by around 40% for customers.

This new alliance with STM takes things to the next level, offering the mining and minerals industry a proven low energy alternative to traditional high energy consuming tumbling mills. Combining and integrating these energy efficient technologies into a single, optimised flow sheet will deliver significant reductions in energy use, driving down costs and carbon emissions.

Commenting on this technology alliance, Ricardo Garib, Weir Minerals Divisional President said. "Weir and STM share the same vision of enabling primary resource providers to produce resources in the most sustainable manner. This is a perfect match of best-in-class technology providers. Integrating STM mills with Weir's comminution products, which includes Enduron® high pressure grinding rolls (HPGRs) and Enduron® screens, will improve throughput and help bring substantial reductions in carbon emissions. This is a real win-win."

Fritz Moser, STM Chairman, said "Both the HPGR and the STM vertical stirred mills provide significant energy savings compared to conventional grinding technologies. Our new supply agreement with Weir will enable us to fast track the roll out of an innovative flow sheet using STM mills in conjunction with Weir's Enduron® HPGR."

In order to prove the most beneficial flow sheet for specific projects, STM has already supplied two vertical test mills to the Weir Minerals HPGR test facility in Venlo (Netherlands). Weir and STM will be in the unique position to provide clients combined energy efficient grinding test work of HPGR followed by STM's vertical stirred mill.

Weir and STM share a passion for implementing Environmental, Social and Governance (ESG) practices at every level of their organisations. Together, they are proudly implementing sustainable solutions that benefit the industry, the communities where they operate and future generations. 

Enquiries:

Investors: Edward Pears

+44 (0) 141 308 3725

Media: Sally Jones

+44 (0) 141 308 3666

Citigate Dewe Rogerson:

+44 (0) 207 638 9571

Kevin Smith

Weir@citigatedewerogerson.com

 

About The Weir Group PLC

Founded in 1871, The Weir Group PLC is one of the world's leading engineering businesses with a purpose to make its mining and infrastructure customers' operations more sustainable and efficient. Weir's highly engineered technology enables critical resources to be produced using less energy, water and waste while reducing customers' total cost of ownership. The Group is ideally positioned to benefit from structural trends that support long-term demand for its technology including the need for more essential metals to support economic development and carbon transition. The Group has c.11,000 employees operating in over 60 countries with a presence in every major mining region of the world. Find out more at www.global.weir.

 

Weir's ordinary shares trade on the London Stock Exchange (ticker: WEIR LN) and its American Depositary Receipts trade over-the-counter in the USA (ticker: WEGRY).

 

About Swiss Tower Mills Minerals AG

Swiss Tower Mills Minerals AG (www.stmminerals.com) is an innovative company for grinding in the mineral industry. - The Art of Grinding

 

For more information please contact:

Ralf Hesemann Managing Director

Tel: +41 58 590 3519

Cell: +41 79 369 0085

Email: ralf.hesemann@stmminerals.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ALLLQLLLLKLZBBX
Date   Source Headline
22nd Feb 20172:37 pmRNSHolding(s) in Company
22nd Feb 20177:05 amRNSAppointment of Chief Technology Officer
22nd Feb 20177:00 amRNSFinal Results
31st Jan 201711:23 amRNSTotal Voting Rights
2nd Jul 20152:54 pmRNSDirectorate Change
18th May 20159:17 amRNSCitigroup upgrades Weir Group to 'buy' on potential upside risk
18th May 20159:04 amBUSMarket overview: FTSE 100 finishes up just 0.1%
15th Feb 20137:10 amRNSDirector - Change in Details
2nd Jan 20138:36 amRNSLGE Process disposal and Mathena Inc acquisition
31st Jul 20127:00 amRNSHalf Yearly Report
29th Feb 20127:00 amRNSPreliminary Results 2011
10th Aug 20112:40 pmRNSDirector/PDMR Shareholding
2nd Aug 20117:00 amRNSHalf Yearly Report
28th Jul 20119:08 amRNSHolding(s) in Company
7th Jul 201112:36 pmRNSHolding(s) in Company
7th Jul 201112:29 pmRNSHolding(s) in Company
1st Jun 201110:01 amRNSTotal Voting Rights
4th May 20117:00 amRNSInterim Management Statement
28th Apr 20119:46 amRNSTotal Voting Rights
30th Mar 20117:00 amRNSDirector/PDMR Shareholding
25th Mar 20111:47 pmRNSDirector/PDMR Shareholding
17th Mar 20115:03 pmRNSDirector/PDMR Shareholding
17th Mar 201112:57 pmRNSDirector/PDMR Shareholding
17th Mar 201112:50 pmRNSDirector/PDMR Shareholding
8th Mar 20117:00 amRNSFinal Results
28th Feb 20115:43 pmRNSHolding(s) in Company
5th Jan 201111:07 amRNSJoint Broker
21st Dec 201011:52 amRNSAcquisition
15th Dec 201011:55 amRNSUpdate re Oil-for-Food
14th Dec 20103:08 pmRNSTotal Voting Rights
13th Dec 20107:02 amRNSUpdate re Oil-for-Food
3rd Dec 20103:35 pmRNSHolding(s) in Company
25th Nov 20105:05 pmRNSDirector/PDMR Shareholding
24th Nov 20109:31 amRNSRe Joint Venture
23rd Nov 20108:49 amRNSHolding(s) in Company
18th Nov 20107:00 amRNSOrganisational Announcement
18th Nov 20107:00 amRNSAcquisition
11th Nov 201011:42 amRNSHolding(s) in Company
1st Nov 20107:00 amRNSInterim Management Statement
18th Oct 20103:11 pmRNSHolding(s) in Company
14th Oct 20101:54 pmRNSNotice of IMS
11th Oct 20102:21 pmRNSCompletion of Acquisition
1st Oct 201012:11 pmRNSBlocklisting Six Month Return
17th Sep 20107:25 amRNSCompletion of Acquisition
2nd Sep 20107:11 amRNSAcquisition
31st Aug 20103:32 pmRNSTotal Voting Rights
31st Aug 20103:01 pmRNSDirector/PDMR Shareholding
16th Aug 20108:52 amRNSHolding(s) in Company
10th Aug 201010:28 amRNSHolding(s) in Company
9th Aug 20105:15 pmRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.