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  • Sandvik
    World Trade Center, Kungsbron 1 (section G, 6th floor), 111 22 Stockholm, Sweden
    +46 8 456 11 00
    http://home.sandvik
  • Johannes Hellström

    Press and Media Relations Manager


    +46707211008
  • Edvard Bergström

    Vice President Corporate Communication Relations and Production


    World Trade Center, Kungsbron 1 (section G, 6th floor), 111 22 Stockholm, Sweden
    +46 (0) 70 993 83 11
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    Sandvik wins SEK 1.9 billion order from BHP for the Jansen Potash Project

    Sandvik has been awarded a major contract from BHP to the Jansen Potash Project, located in Saskatchewan, Canada.The contract, which includes potash continuous mining systems, is valued at approximately SEK 1.9 billion. An order value of approximately SEK 500 million will be reported in the third quarter 2024, and approximately SEK 400 million in each of the second and third quarter 2025.The remaining order value is estimated to be booked in the second quarter 2026. The delivery period is expected to commence in 2028 and conclude in 2029. The new contract is for Stage 2 of the

    Sandvik to acquire Universal Field Robots

    Sandvik has signed an agreement to acquire Universal Field Robots (UFR), a fast-growing Australia-based provider of autonomous interoperable solutions for the surface mining and underground mining markets. UFR will be reported in Digital Mining Technologies, a division within business area Sandvik Mining and Rock Solutions. UFR’s solution portfolio is built on a common autonomy platform, which is a strong complement to Sandvik’s automation offering and includes OEM (Original Equipment Manufacturer) agnostic robotic and autonomous solutions for trucks, loaders and auxiliary equipment. The

    Sandvik wins major order for underground mining equipment in Portugal

    Sandvik has received a major underground mining equipment order from the Portugal-based distributor Cimertex, for delivery to the Portuguese mining company Almina Minas do Alentejo S.A. The order is valued at approximately SEK 340 million and was booked in the second quarter. Deliveries are scheduled to begin in the third quarter 2024 and continue through 2025.  The order includes Toro™ TH663i trucks, Toro™ LH621i loaders, Sandvik DS411 rock bolters and Sandvik DL421 longhole production drills. A majority of the trucks will be equipped with AutoMine® Fleet, Sandvik’s highly advanced

    Sandvik wins major order to mine in Southeast Asia

    Sandvik will deliver a fleet of intelligent underground drills to a mining customer in Southeast Asia. The order is valued at approximately SEK 500 million and was booked in the second quarter 2024. The order includes development drills, rock bolters and longhole drills. Deliveries will begin during Q3 2024 and continue through Q2 2025. Stockholm, July 1, 2024Sandvik 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 secures major underground mining equipment order from Hindustan Zinc

    Sandvik has received an order from the Indian mining company Hindustan Zinc Limited to supply underground mining equipment at a value of approximately SEK 345 million. The order was booked in the second quarter 2024, and deliveries scheduled through the end of 2024. The contract, which builds on a long-standing partnership between Sandvik and Hindustan Zinc, includes underground mining equipment and expands Hindustan Zinc’s fleet of Sandvik equipment with more development drills, production drills, trucks and loaders. In addition to the equipment order, the deal also brings a significant

    Sandvik wins order in Mongolia for electric rotary drill rigs

    Sandvik has received an order from Mongolyn Alt MAK LLC to supply electric rotary drill rigs for use at the Tsagaan Suvarga Project in Mongolia. The order is valued at approximately SEK 170 million and was booked in the first quarter 2024. The order includes five cable-electric DR410iE drills, with deliveries scheduled to begin in the second quarter 2024 and concluded by the fourth quarter of 2025. Tsagaan Suvarga ranks as the third-largest copper and molybdenum reserve in Mongolia. “We are very pleased to be selected to supply our advanced electric rotary drill rigs to Mongolyn Alt

    Sandvik wins record order for surface drill rigs

    Sandvik has received its largest ever order for surface drill rigs, valued at SEK 248 million. The order from U.S.-based Sandvik dealer Country Boy Supply, LLC was booked in the fourth quarter, 2023, and deliveries are scheduled to start in the first quarter 2024. The order from Country Boy Supply consists of 34 surface drill rigs to replace their current contractor fleet in Georgia and Tennessee, with automation being a key feature in the fleet upgrade as part of the equipment will be equipped with Sandvik AutoMine® readiness. The intelligent surface drill rigs from Sandvik will be used

    Sandvik wins major order from LKAB for automated loaders

    Sandvik has received a major order from the Swedish mining company LKAB to supply automated loaders for use at the Kiruna mine in northern Sweden, the world’s largest underground iron ore mine. The order is valued at approximately SEK 250 million and will be booked in the fourth quarter. It follows a recent SEK 120 million order from LKAB for automated loaders, received in the second quarter 2023. The total of the two orders includes 12 Toro™ LH625iE cable-electric loaders and five Toro™ LH621i loaders, all equipped with Sandvik’s AutoMine[®] solution. Deliveries are scheduled begin in

    Sandvik wins SEK 460 million mining equipment order in Australia

    Sandvik has received a major order from a customer in Australia for the supply of underground mining equipment. The order includes Toro™ TH663i underground trucks, Toro™ LH517i and Toro™ LH621i underground loaders as well as a DD422i development drill rig with dual control. The order is valued at around SEK 460 million and was booked in the second quarter 2023. Delivery of the equipment is planned to begin in the third quarter 2023 and continue into the second quarter 2025. Stockholm, July 7, 2023  Sandvik AB For further information, contact Louise Tjeder, VP Investor relations,

    Sandvik wins automation order from Chilean copper miner Pucobre

    Sandvik has received an order from the Chilean copper miner Sociedad Punta del Cobre S.A (Pucobre) to supply autonomous loaders equipped with AutoMine[®] Multi-Lite system for its mining operations in northern Chile’s Atacama region. The order is valued at approximately SEK 100 million and was booked in the second quarter 2023. The order from Pucobre, one of the largest underground copper producers in Chile, includes Toro™ LH621i autonomous loaders. Deliveries will start during 2023 and be completed during 2024. "We are pleased to support Pucobre with its ambitious targets for mining

    Sandvik wins automation order at Codelco’s El Teniente mine in Chile

    Sandvik has received an order from Codelco, the world’s largest copper producer, to supply a AutoMine[®] Fleet automation system and six autonomous loaders, for use in the Recursos Norte operations at the El Teniente mine in Chile. The order is valued at approximately SEK 180 million and was booked in the first quarter 2023. The order is a continuation of Sandvik’s long-standing partnership with Codelco on automation solutions, and further supports Codelco's goal of operating the world's most automated and digitalized mine. The Toro™ LH514 loaders and the AutoMine® Fleet system − capable

    Sandvik invests in new load and haul factory in Malaysia to support growing mining BEV market

    Sandvik has decided to invest in a new production unit in Malaysia for manufacturing underground loaders and trucks. Equipment production is planned to begin in the fourth quarter of 2023 following factory upgrades and other site improvements. The investment is expected to total SEK 350 million over the coming three years.   The establishment of the new factory will help Sandvik Mining and Rock Solutions to cater to the growing demand for battery-electric vehicles (BEVs) in the mining industry. While the primary focus at the new facility will be BEVs, it will also manufacture

    Sandvik wins SEK 135 million mining equipment order in Canada

    Sandvik has received a mining equipment order from the Canadian gold mining company New Gold. The order, valued at SEK 135 million, is partly for battery-electric vehicles (BEVs). The order includes four battery-electric Sandvik LH518B loaders, to be used at the New Afton underground gold-copper mine in British Columbia. The New Afton mine is an early adopter of BEVs, having trialed a Sandvik LH518 loader during more than two years in operation. The trial has helped New Afton improve cycle times, while reducing heat, noise and greenhouse gas emissions. “I am very pleased that New Gold

    Sandvik wins large mining equipment order in Democratic Republic of the Congo

    Sandvik has received a large mining equipment order from the Chinese global mining services provider JCHX Mining Management Co., Ltd., to be used in the Kamoa-Kakula copper mine and the Kamoya copper and cobalt mine in the Democratic Republic of the Congo. The order is valued at SEK 210 million and will be booked in the fourth quarter 2022. The order is for a fleet of load and haul equipment. The equipment will primarily be delivered during 2023, but with the first delivery expected in 2022. “I am pleased to see the continued demand for our highly productive offering of intelligent

    Sandvik appoints new President of business area Sandvik Mining and Rock Solutions

    Sandvik has appointed Mats Eriksson as President of business area Sandvik Mining and Rock Solutions (SMR) and new member of the Sandvik Group Executive Management, effective October 1, 2022. He is currently President of Load and Haul, a division within Sandvik Mining and Rock Solutions. “Mats Eriksson is an experienced international leader who has successfully delivered strong results and growth for the Load and Haul division. He has also been instrumental in the development of our world-leading offering of battery-electric vehicles. Mats Eriksson has a strong track record of developing

    Sandvik wins record SEK 330 million order for battery-electric mining equipment

    Sandvik has been awarded an order to supply a fleet of battery-electric trucks, loaders, drills and on-site service support for Foran Mining’s McIlvenna Bay project in Saskatchewan, Canada, which is designed to be the world’s first carbon neutral copper development project. The order, valued at SEK 330 million, is Sandvik’s largest to date for battery-electric equipment, and will be booked in the third quarter.   Under the contract Sandvik will supply a fleet of 20 battery-electric vehicles as well as Battery as a Service. The delivery of the equipment is scheduled to take place

    President of Sandvik Mining and Rock Solutions to leave Sandvik

    The President of business area Sandvik Mining and Rock Solutions, Henrik Ager, will leave the Sandvik Group.  “Henrik Ager has been with Sandvik for eight years, and for the past three years as business area President during a period in which our Mining and Rock Solutions business has had a positive development. We thank him for his years in Sandvik and wish him all the best in his future plans,” says Stefan Widing, President and CEO of Sandvik. The change is effective as of today and President and CEO Stefan Widing will assume the role as interim business area President of Sandvik

    Sandvik receives record order for AutoMine® solutions

    Sandvik Mining and Rock Solutions has received a major order for the AutoMine® load and haul automation system valued at about SEK 250 million from the Chilean mining company Codelco, to be used in the El Teniente mine. In addition, a connected load and haul equipment order, with an initial value of SEK 150 million, was received, bringing the total value of the orders to SEK 400 million. Both orders have been booked in the fourth quarter 2021.   The contract will run from 2022 through 2027. During 2022 and 2023, Codelco will receive Toro™ TH663i trucks and Sandvik LH514 loaders, as

    Sandvik to acquire leading mine planning software company Deswik and launch new Digital Mining Technologies division

    Sandvik has signed an agreement to acquire Australian-based Deswik, the leading and fastest growing major provider of mine planning software. Deswik will be part of a newly formed division Digital Mining Technologies within business area Sandvik Mining and Rock Solutions. By acquiring Deswik, Sandvik gains a top-tier supplier of integrated software platforms that support digitalization throughout mine planning stages, with more than 10,000 current licenses. Deswik has a high quality customer base, and its strong profitable growth and low customer churn will further enhance Sandvik’s

    Sandvik acquires DSI Underground Joint Ventures, Rocbolt Technologies

    Sandvik’s acquisition of DSI Underground, the global leader in ground support and reinforcement products, systems and solutions for the underground mining and tunneling industries, was closed on July 7, 2021. The acquisition included DSI’s ownership stake in four joint ventures (“Rocbolt Technologies”) based in China, South Africa, Mongolia and Australia.   On August 3, 2021, Sandvik signed and completed three agreements to acquire the Joint Venture partner’s (Jennmar) share of the Rocbolt Technologies JVs in China, South Africa and Mongolia. Jennmar will continue to be a JV partner in

    Sandvik completes the acquisition of DSI Underground

    Sandvik has completed the previously announced acquisition of DSI Underground, the global leader in ground support and reinforcement products, systems and solutions for the underground mining and tunneling industries.  In 2020, DSI Underground had revenues of about EUR 516 million (excluding the four joint ventures that are part of the acquisition) and a pro-forma EBIT margin ~200 basis points dilutive to Sandvik Mining and Rock Solutions’ margin, including purchase price allocation. The purchase price is approximately EUR 943 million on a cash and debt free basis. Impact on Sandvik’s

    Sandvik receives SEK 140 million of mining BEV orders in June

    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

    Sandvik provides proforma numbers for Sandvik Mining and Rock Solutions and Sandvik Rock Processing Solutions

    On October 16, 2020, Sandvik announced that a decision had been made to establish a new business area: Sandvik Rock Processing Solutions (SRP), consisting of the Crushing and Screening division, which previously was part of the business area Sandvik Mining and Rock Technology. At the same time, it was announced that Sandvik Mining and Rock Technology would change name to Sandvik Mining and Rock Solutions (SMR). The new structure was effective on January 1, 2021. Sandvik Mining and Rock Solutions Q12020 Q22020 Q32020 Q42020 FY2020Order intake

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