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home / news releases / SDVKY - Sandvik to supply underground BEV fleet to Hindustan Zinc

SDVKY - Sandvik to supply underground BEV fleet to Hindustan Zinc

Sandvik AB ADR
Sandvik (OTCPK:SDVKY) and Hindustan Zinc signed a MoU for supply of a battery-electric underground equipment fleet to be used at Sindesar Khurd Mine to help it achieve its carbon neutrality ambitions. Deliveries are scheduled to commence in Q1 of 2023 and it will be the first underground BEV fleet deployed in India. The equipment to be delivered includes a LH518B loader and three TH550B trucks as well as a DD422iE drill rig with Sandvik's unique and patented charging-while-drilling technology. Sandvik will also provide batteries, charging systems and a full-range on-site battery and equipment service team.

For further details see:

Sandvik to supply underground BEV fleet to Hindustan Zinc
Stock Information
Company Name: Sandvik AB ADR
Stock Symbol: SDVKY
Market: OTC
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