Sandvik Mining signs major project orders
At the end of March, Sandvik Mining signed three major materials handling contracts with customers in Latin America and Australia.
The combined value of the contracts exceeds 1,600 MSEK and will be executed and contribute to Sandvik Mining's business during the years 2012 until 2014.
The orders include design and supply of continuous mining equipment for a fully truckless In-Pit Crushing and Conveying (IPCC) system and two waste lines for a surface mine in Latin America. For Australia the order includes design, supply and installation of materials handling equipment for iron ore stacking and reclaiming for a surface mine.
"The importance, size and complexity of the systems and the impressive performance data demonstrate Sandvik Mining's capability to provide high-tech solutions in the area of continuous mining and materials handling systems for surface mining applications", says Gary Hughes, President of the Sandvik Mining business area.
Sandviken, 12 April 2012
The information was submitted for publication at 13.30 CET on 12 April 2012.
For further information contact: Gary Hughes, President Sandvik Mining, tel +46 220 22 180 or Jan Lissåker, Executive Vice President Group Communications, Sandvik AB,
tel +46 26 26 10 23.
The Sandvik Group
Sandvik is a global industrial group with advanced products and world-leading positions in selected areas – tools for metal cutting, equipment and tools for the mining and construction industries, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems. In 2011 the Group had about 50,000 employees and representation in 130 countries, with annual sales of more than 94,000 MSEK.
Sandvik Mining is a business area within the Sandvik Group and a leading global supplier of equipment and tools, service and technical solutions for the mining industry. The offering covers rock drilling, rock cutting, rock crushing, loading and hauling and materials handling. In 2011 sales amounted to about 32,200 MSEK, with approximately 13,200 employees (pro forma rounded numbers).