Wabtec has secured a $248m order from the Winning Consortium Simandou (WCS), a joint venture between Baowu and Winning, to supply locomotives and related services for the Simandou iron ore project ...

P ITTSBURGH - Wabtec Corporation (NYSE: WAB), a $35.11 billion market cap rail industry leader currently trading near its 52-week high, has secured a significant $248 million contract to supply ...

Story Highlights Wabtec Corp. secured a $248 million contract with a Guinea company. Trains will run on an under construction railway connecting an iron ore mine to Port of Morebaya. Wabtec will ...

“As the world’s largest untapped high grade iron ore deposit, Simandou represents a transformational economic opportunity for Guinea, and Wabtec’s commitment extends beyond delivering ...

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Feb 12 (Reuters) - U.S. rail locomotive maker Wabtec (WAB.N), opens new tab forecast 2025 profit largely below analysts' estimates on Wednesday, as the industry tackles weak demand for new ...

"Wabtec secures $248m locomotive order for Guinea’s Simandou iron ore project" was originally created and published by Railway Technology, a GlobalData owned brand. The information on this site ...