Sandvik wins major mining equipment order in Southeast Asia

STOCKHOLM, March 17, 2025 /PRNewswire/ -- Sandvik has been awarded a major order for underground mining equipment from a leading mining customer in Southeast Asia. The order is valued at around SEK 450 million and was booked in the first quarter 2025.

The order includes development drills, cable bolters and load and haul equipment. Deliveries are scheduled to begin in the second quarter 2025 and continue through the first quarter 2026.

"We are pleased to be awarded this order, which shows the customer's confidence in our intelligent underground drills and highly productive load and haul equipment," says Mats Eriksson, President of Sandvik Mining and Rock Solutions.

Stockholm, March 17, 2025
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

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SOURCE Sandvik