# Weir Group and Olayan sign agreement for Saudi mining JV

Weir Group PLC and Olayan Saudi Holding Co signed a shareholders' agreement to establish a joint venture in Saudi Arabia to provide advanced mining technology solutions. The JV is expected to start operations by the end of Q1 2026.

- Type: Partnership
- Announced: 2026-01-14
- Where: Saudi Arabia, Saudi Arabia
- Status: announced
- Products: mining technology solutions
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Weir Group](https://endata.com/companies/797.md) (partner)
- [Olayan Saudi Holding Co](https://endata.com/companies/89634.md) (partner)

## Sources

- [lse.co.uk](https://www.lse.co.uk/news/in-brief-weir-group-announces-milestone-towards-saudi-joint-venture-0isb89wo01d1s7y.html), 2026-01-14: "We are proud to have signed the shareholders' agreement with Olayan Saudi Holding Co, marking a significant step in establishing our joint venture to support the Kingdom of Saudi Arabia's rapidly developing mining industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.