Exiting Weir Group CEO Jon Stanton says new demand for the manufacturer’s mineral processing equipment has “pivoted” in the past two-to-three years towards the Americas, which shape as the strongest global growth driver for the US$9.7 billion company over the next five years.
“I think the Americas are becoming our strongest growth markets,” Stanton said on Weir’s 2026 first-half financial results call. Analysts heard the company had more than 2000 “active” mining projects in its opportunity pipeline and that “political support and changes to permitting regimes have accelerated previously delayed mining investment activity” in the Americas. “When you look at the project pipeline that’s probably where we are going to see the strongest growth over the medium term. Australia was very busy [two years ago] and that has sort of plateaued a little bit for now.”
On the eve of handing over Weir’s top job to Andrew Neilson after 10 years as CEO and 16 years with the company, Stanton also pointed to Africa, Central Asia and other parts of the Asia-Pacific region as having “a lot of countries [where] we've still got lower market shares than we would like”.
“There is opportunity,” he said.
