Regulatory News:
Sandvik Mining (STO:SAND) has been awarded a major materials handling
contract in Australia.
The value of the contract exceeds 450 million SEK and will be executed
and contribute to Sandvik Mining's business for the period of the years
2014 until 2016.
The order for the project includes engineering, procurement and
construction of two bucket-wheel stacker/reclaimers for coal handling
with stacking capacity of 8,600 tons per hour and reclaiming capacity of
7,250 tons per hour.
"The importance, size and complexity of the project and the impressive
performance data again demonstrate Sandvik Mining's capability to
provide high-tech solutions in the area of mobile materials handling
machines", says Gary Hughes, President of the Sandvik Mining business
area.
Stockholm, 6 February 2014
The information was submitted for publication on 6 February 2014.
For further information contact: Magnus Larsson, Vice President Investor
Relations, Sandvik AB,tel +46 8 456 12 40 or Conny Rask, Press and PR
Manager, Sandvik AB, tel +46 26 26 51 49
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Sandvik Group
Sandvik is a global industrial group with advanced products and
world-leading positions in selected areas – tools for metal cutting,
equipment and tools for the mining and construction industries,
stainless materials, special alloys, metallic and ceramic resistance
materials as well as process systems. In 2013 the Group had about 47,000
employees and representation in 130 countries, with annual sales of
about 84,000 million SEK.
Sandvik Mining
Sandvik Mining is a business area within the Sandvik Group and a leading
global supplier of equipment and tools, service and technical solutions
for the mining industry. The offering covers rock drilling, rock
cutting, rock crushing, loading and hauling and materials handling. In
2013 sales amounted to about 28,000 million SEK, with approximately
13,000 employees.
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Copyright Business Wire 2014