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Weir Group announces CEO succession plans

he Weir Group Plc (Weir) announces that, following ten years as Chief Executive Officer (CEO) during which time he has led Weir’s strategic transformation into a global mining technology leader, and 16 years with Weir, Jon Stanton will step down as CEO on 1 August 2026. He will be succeeded by Andrew Neilson who will be elected to the Board of Directors, after the conclusion of the AGM, and will become CEO Designate, before assuming full responsibilities as CEO on 1 August.

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Albemarle reports strong earnings

Albemarle Corp., reported sharply higher first-quarter earnings driven by stronger pricing and demand in its energy storage and specialty materials businesses. Revenue rose 33% to $1.43 billion, fueled by higher volumes and prices in its energy storage and specialty segments. Energy storage sales increased 70% to $891.2 million, with pricing up 51% and volumes up 14%. Specialty sales also increased during the quarter.

The company posted net income of $319.1 million, or $2.34 per diluted share, for the quarter ended March 31, 2026, compared with $41.3 million, or breakeven on a per-share basis, a year earlier.

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