# Sandvik and Lingong form mining equipment joint venture in China

Sandvik and Lingong Group Jinan Heavy Machinery formed a joint venture in Jinan, Shandong, China, to produce and sell surface and underground mining equipment for mid-market customers. Sandvik holds the majority share.

- Type: Partnership
- Announced: 2017-02-07
- Where: Jinan, Shandong province, China
- Status: announced
- Products: surface drills, underground loaders, underground trucks
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Sandvik](https://endata.com/companies/6190.md)
- [Lingong Group Jinan Heavy Machinery](https://endata.com/companies/16729.md) (partner)

## Sources

- [geodrillinginternational.com](https://www.geodrillinginternational.com/issue/news/1140313/sandvik-lingong-form-joint-venture), 2017-02-07: "This joint venture agreement is in line with Sandvik's strategy to develop a strong foothold in the fast expanding mid-market for mining equipment."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.