The Weir Group PLC and Olayan Saudi Holding Company have established a joint venture to deliver mining technology solutions in Saudi Arabia. This partnership combines Weir’s expertise in sustainable mining technologies with Olayan’s knowledge of the local market and its localisation capabilities, aiming to support the Kingdom’s mining sector as part of its Vision 2030 strategy.
Under the agreement, Weir will oversee product sales and technical support, while Olayan will focus on business development, leveraging its strong presence in the region. The joint venture is designed to enhance operational efficiency and deliver tailored solutions for the evolving needs of Saudi Arabia’s mining industry.
"We are excited to embark on this new partnership with Olayan Saudi Holding Company. Mining is a core economic pillar within the Kingdom of Saudi Arabia’s Vision 2030, and our joint venture will enable us to support the Kingdom’s rapidly expanding mining industry with our market-leading technologies," said Jon Stanton, CEO of Weir.
For more information