LED lighting technology producer Dialight has secured orders worth one million pounds for almost 2,000 LED lighting fixtures to be supplied for a new underground conveyor system at an Indonesian copper and gold mine.
Dialight said the unnamed customer selected its lights for their "longevity and reliability in harsh environments".
The FTSE 250 firm will begin to deliver product in September with shipments continuing through the end of the year.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The share price rose 1.55% to 1,114p by 12:49.
NR
-
Is a mortgage in retirement always a bad idea?A mystery shopper exercise shows high street lenders are “shunning” retirees looking to take out a mortgage. Are they right to do so?
-
Three funds to consider as UK small caps trade at 30% discountUK small caps have been unloved for some time, but a shifting economic environment could give them a boost
