Weir and CiDRA announce strategic investment
Weir and CiDRA Minerals Processing have signed a global collaboration agreement aimed at accelerating the commercialisation and deployment of CiDRA’s P29 technology.
This technology introduces an innovative mineral separation solution and unlocks novel flowsheet designs.
Under the terms of the agreement, Weir and CiDRA will collaborate globally to leverage the benefits of the P29 technology to develop and deliver transformative flowsheet solutions to help mining companies meet the challenges of reduced head grades, water restrictions, reduced carbon emissions and tailings impound safety.
Through this partnership, CiDRA and Weir will jointly develop and deliver cutting-edge mineral processing flowsheets that combine increased throughput with high-efficiency comminution and mineral separation solutions, with the aim of reducing energy and water usage per tonne of metal produced.
Weir minerals division president Andrew Neilson comments on the partnership.
“We are excited to collaborate with CiDRA, whose track record of innovation aligns strongly with Weir’s mission to deliver mining technology for a sustainable future,” he said.
“CiDRA’s P29 technology has the potential to unlock enhanced productivity and sustainability for customers and we’re pleased to help bring that impact to mines around the world.”
CiDRA chief executive Kevin Didden comments on the agreement.
“This strategic partnership with Weir represents a transformative opportunity for CiDRA to scale its innovative P29 technology with a partner that has global reach, a customer-centric approach and that is deeply embedded in the mining value chain,” he said.
“Together, we aim to shift the paradigm in minerals processing by enabling mining companies to significantly reduce energy and ESG related impacts per tonne of metal produced, while unlocking substantial value from in-ground assets.”
The collaboration will combine CiDRA’s innovation engine with Weir’s extensive customer-centric global footprint, complementary product range and vertically integrated operating model.