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home / articles / sandvik wins major order for underground mining equi mwn benzinga


SDVKY - Sandvik wins major order for underground mining equipment in Portugal | Benzinga

STOCKHOLM, July 1, 2024 /PRNewswire/ -- Sandvik has received a major underground mining equipment order from the Portugal-based distributor Cimertex, for delivery to the Portuguese mining company Almina Minas do Alentejo S.A. The order is valued at approximately SEK 340 million, and deliveries are scheduled to begin in the third quarter 2024 and continue through 2025. 

The order includes Toro™ TH663i trucks, Toro™ LH621i loaders, Sandvik DS411 rock bolters and Sandvik DL421 longhole production drills. A majority of the trucks will be equipped with AutoMine® Fleet, Sandvik's highly advanced automation system for a fleet of ...

Full story available on Benzinga.com

Stock Information

Company Name: Sandvik AB ADR
Stock Symbol: SDVKY
Market: OTC

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