Sandvik Secures Major Materials Handling Orders
SANDVIKEN, Sweden -- March 25, 2013
Sandvik Mining (STO:SAND) has secured major materials handling contracts in
South America and Australia. The combined value of the contracts exceeds 950
million SEK and will be executed and contribute to Sandvik Mining's business
during the years 2013 until 2015.
The orders include design and supply of conveying systems with a total length
of 8.9 km comprising of two iron ore transfer conveyors up to 28,500 ton per
hour and two waste conveyors lines each with 9,500 ton per hour capacity for a
surface mine in South America.
For Australia the orders include design, supply and delivery of materials
handling equipment for iron ore stacking at peak rates of over 11,500 ton per
"The size and complexity of the systems and the impressive performance data
again demonstrate Sandvik Mining's capability to provide high-tech solutions
in the area of continuous mining and materials handling applications", says
Gary Hughes, President of the Sandvik Mining business area.
Stockholm 25 March 2013
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 08:30 CET on 25 March 2013.
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 2012 the Group had about 49,000 employees and representation in
130 countries, with annual sales of about 99,000 million SEK. Sandvik Mining
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 2012 sales amounted
to about 37,800 million SEK, with approximately 14,000 employees.
This information was brought to you by Cision http://news.cision.com
Gary Hughes, President
tel +31 207091350
Magnus Larsson, Vice President Investor Relations
tel +46 8 456 12 40
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