Sandvik receives SEK 140 million of mining BEV orders in June

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Sandvik received orders for battery-electric mining vehicles (BEVs) amounting to about SEK 140 million in June, marking Sandvik’s highest ever order intake for mining BEVs in a single month. In addition, commitments for battery-as-a-service (BaaS) contracts have also been secured.

The BEV orders from Canadian mining customers included seven Sandvik Z50 50-ton underground haul trucks and two Sandvik LH518B 18-ton loaders. The strong order momentum comes on the back of successful trials at customer sites, with Sandvik’s BEVs meeting the rigorous performance requirements set out.

“I am pleased to see the high interest among customers in our battery-electric offering, and these orders underpin commitment to a more sustainable mining future,” says Henrik Ager, President of business area Sandvik Mining and Rock Solutions.

Stockholm, 30 June 2021

Sandvik AB

For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008.

Sandvik Group
Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and sustainability. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2020 the Group had approximately 37,000 employees and revenues of about 86 billion SEK in more than 160 countries within continuing operations.