Sandvik signs major Mining Systems order
Sandvik Mining has entered an agreement for the delivery of a large materials handling and crushing system for a copper mine with a customer in South America.
The contract will be performed jointly with a local partner, the value of the Sandvik share of the contract exceeds 900 MSEK and will contribute to Sandvik Mining's business during the years 2012 until 2013.
The order includes the design, supply and installation of a crushing and conveying system, including primary in-pit crushers, overland conveyors, a secondary and tertiary crushing and screening plant including all auxiliary equipment and electrical instrumentation and control systems.
“The size and complexity of this system and the fact that Sandvik provides a complete integrated system of Sandvik mining equipment on a complete turn-key solution basis demonstrates Sandvik Mining's capability to deliver wide-ranging hightech 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, 19 July 2012
Sandvik AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 07.45 CET on 19 July 2012.
For further information, contact Gary Hughes, President, Sandvik Mining, tel +31 207 091 350 or Magnus Larsson, Vice President Investor Relations, Sandvik AB, tel +46 26 26 09 37.
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).