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Sandvik signed an agreement to form a joint venture with Alpha Metallurgical Resources to establish local manufacturing for ground support products in the US. Sandvik holds 51% and Alpha 49%. A new 100,000-square-foot facility in West Virginia will produce rock bolts and resin capsules.
“Re-entering the US ground support market with a local manufacturing presence is strategically important.”mining.com
Summarized from public sources; check the original articles before acting on it.