Sandvik Mining and Construction receives major project orders in materials handling
During October and November, Sandvik Mining and Construction has secured a number of orders for bulk materials handling and continuous mining/crushing systems in South America, Africa and Asia. The recently signed orders include:
- The turn-key supply of a materials handling system for a coal export terminal.
- A "repeat order " for supply of several iron ore handling machines for a iron ore mine.
- The design and supply of a high-capacity (9100 t/hr) long-distance conveying system for iron ore mine.
- The design and delivery of a complete coal storage (stacking and reclaiming) and handling/loading system for a port.
- The engineering and supply of a high capacity iron ore conveying system for a port.
The total value of these orders is approximately 2,200 MSEK and will be included in the order intake for the fourth quarter 2010. Delivery has commenced with completion scheduled to take place between late 2011 and mid 2013.
"We are pleased to note that, following the increase in demand for mobile mining equipment demand earlier this year, we are now also seeing arise in demand for major capital investments in mines and related infrastructures. These orders confirm Sandvik's strong position in iron ore and coal mining, preparation and bulk materials handling," says Lars Josefsson, President of Sandvik Mining and Construction business area.
"We anticipate a continued high level of demand for these commodities and the orders prove our ability to provide technically superior and energy efficient continuous mining solutions. This success is based on Sandvik's vast experience and its close cooperation with customers in development and delivery of complete mining and bulk handling systems."
For further information please contact:
Jan Lissåker
Vice President, Investor Relations
Sandvik AB
Tel +46 26 26 10 23