Atlas Copco wins large order from mexican mine
Atlas Copco wins large order from Mexican mine Stockholm, March 23, 2000 - Servicios Industriales Peñoles S.A. de C.V. in Mexico has selected Atlas Copco as its supplier for the new Francisco I. Madero mine. The order has a total value of SEK 70 m. and includes the ® latest in computerized drill rigs and Scooptram LHDs. Atlas Copco Mexicana, S.A. de C.V. has received an order from Servicios Industriales Peñoles S.A. de C.V. for seven drill rigs, the L1C and L2C, and 11 loaders, ST-8C, to be used in the Francisco I. Madero mine, the newest mine in Mexico. The mine first broke ground in August of 1999 and aims to start production in 2001. The first delivery of Atlas Copco equipment will be made in 2000, and the rest in the year 2001. The mine, located in the Mexican State of Zacatecas, will have an estimated production volume of 10,000 tons per day, using the cut-and-fill mining method. The mine is a polymetallic mine of zinc, gold, and silver. Atlas Copco officially started working with the Peñoles Project Team in October 1997 and since then continuously has provided technical support in the planning of the Franciso I. Madero. Atlas Copco is an international group of industrial companies with its head office in Stockholm, Sweden. In 1999, the Group had revenues of SEK 36 billion, with 97 percent of revenues outside Sweden, and more than 26,000 employees. Atlas Copco companies develop, manufacture, and market electric and pneumatic tools, compressed air equipment, construction and mining equipment, assembly systems, and offer related service and equipment rental. Additional information about Atlas Copco is available at the Group's web site www.atlascopco.com. For further information please contact: Dave Thompson, General Manager, Atlas Copco Mexicana, SA de CV, Phone: +52-5-626 0663, Mobile: + 52-5-54311809 Freek Nijdam, Senior Vice President Business Area Executive, Construction and Mining Technique Phone: +46-8-743 8314, Mobile: +46-70-589 8314 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/23/20000323BIT00310/bit0001.doc http://www.bit.se/bitonline/2000/03/23/20000323BIT00310/bit0002.pdf