Sandvik secures major underground mining equipment order from Hindustan Zinc [Yahoo! Finance]
SANDVIK AB S/ADR (SDVKY)
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Source: Yahoo! Finance
mining equipment at a value of approximately SEK 345 million . The order was booked in the second quarter 2024, and deliveries scheduled through the end of 2024. The contract, which builds on a long-standing partnership between Sandvik and Hindustan Zinc, includes underground mining equipment and expands Hindustan Zinc's fleet of Sandvik equipment with more development drills, production drills, trucks and loaders. In addition to the equipment order, the deal also brings a significant aftermarket value. "We are very pleased to expand our partnership with Hindustan Zinc and again be selected to supply our advanced mining equipment. With our solutions we will support Hindustan Zinc's ambitious production plans, and help drive productivity, safety and sustainability in their operations," says Mats Eriksson , President of Sandvik Mining and Rock Solutions. Stockholm May 23, 2024 Sandvik AB For further information, contact Louise Tjeder , VP Investor relations, phone: +46 (0) 707
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