Sandvik has received an order from the Indian mining company Hindustan Zinc Limited to supply underground mining equipment at a value of approximately SEK345 million (US$32 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," Mats Eriksson, president of Sandvik Mining and Rock Solutions, said.