Weir PLC is a leading global provider of engineering solutions and technology, focused almost entirely on the mining and infrastructure sectors. The company operates through two primary divisions: Minerals and ESCO. The Minerals segment, which generates approximately 70-75% of total revenue, provides slurry handling equipment, hydrocyclones, high-pressure grinding rolls (HPGR), and associated aftermarket support for abrasive, high-wear applications in mineral processing. The ESCO segment, accounting for the remainder of revenue, specializes in ground engaging tools (GET), buckets, and wear parts for surface mining and construction equipment. Weir's business model is highly resilient, with roughly 80% of its total orders and revenues derived from recurring aftermarket services and replacement parts. The company's products are critical for the extraction and processing of future-facing commodities such as copper, gold, iron ore, and battery metals. Geographically, Weir has a global footprint with operations in over 50 countries, serving major mining regions including the Americas, Australasia, and Africa. Over the past decade, Weir has strategically transformed itself into a pure-play mining technology leader by divesting its cyclical oil and gas and flow control divisions, focusing entirely on sustainable mining solutions, digital integration, and margin expansion.
