Sandvik wins large mining equipment order in Democratic Republic of the Congo
Sandvik has received a large mining equipment order from the Chinese global mining services provider JCHX Mining Management Co., Ltd., to be used in the Kamoa-Kakula copper mine and the Kamoya copper and cobalt mine in the Democratic Republic of the Congo. The order is valued at SEK 210 million and will be booked in the fourth quarter 2022.
The order is for a fleet of load and haul equipment. The equipment will primarily be delivered during 2023, but with the first delivery expected in 2022.
“I am pleased to see the continued demand for our highly productive offering of intelligent mining equipment. Our highest-capacity intelligent load and haul equipment has been in operation at Kamoa since 2019, and this order is a testament to the strength and quality of the solutions we provide,” says Mats Eriksson, President of Sandvik Mining and Rock Solutions.
Stockholm, November 24, 2022
Sandvik AB
For further information, contact
Louise Tjeder
VP Investor relations
phone: +46 (0) 70782 6374
or
Johannes Hellström
Press and Media Relations Manager
phone: +46 (0) 70721 1008.
---------------------------------------------------------------------------
Sandvik Group
Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2021, the Group had approximately 44,000 employees and revenues of about 99 billion SEK in about 150 countries.