Sandvik

Sandvik won an underground mining equipment order worth $26 million (SEK200 million) from Jimond Mining Management for the Kamoa-Kakula copper mine expansion in the Democratic Republic of the Congo, with deliveries over the first nine months of next year.

Sandvik Mining and Rock Solutions was awarded a contract by BHP for underground mining equipment and automation for the Jansen Potash project in Saskatchewan, Canada, worth about SEK 2 billion. Deliveries run from Q3 2023 to 2026, and production start is targeted for 2027.

Sandvik Mining and Rock Solutions received orders worth SEK 400 million from Chilean miner Codelco for AutoMine load and haul automation and connected equipment for the El Teniente mine. The contract runs from 2022 through 2027.

Sandvik will invest in a new hydraulic and instrumentation tubing factory at its Mehsana Mill in Gujarat, India, to meet rising demand. The investment is split into two parts and is expected to be fully operational by early 2023.

Sandvik won a contract to supply more than 500 km of super duplex stainless steel umbilical tubes, encapsulated by Prysmian, for Brazil's Mero pre-salt oilfield in the Santos Basin. The order is for the Mero 1 phase, operated by the Libra Consortium.