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Sandvik Mining Sign Vietnam Mining Systems Contract

Sandvik Mining has signed a Mining Systems contract with a customer in Vietnam, which will be accomplished and contribute to Sandvik Mining's business from 2012 through until 2015.

The order comprises the supply of 14 units stackers, reclaimers and stacker/reclaimers for a steel plant in Vietnam. The materials handling machines will operate within a capacity range of 675 - 6000 mt/h (745 st/h - 6615 st/h) for various materials such as iron ore, coke, sinter, etc.

Scope of supply includes design, engineering and supply of all structural, mechanical and electrical components, forwarding and transportation to Vietnam plant site and erection and commissioning at site of all 14 materials handling machines on a turn-key basis.

"This new contract confirms Sandvik’s strong customer offering and again demonstrates Sandvik Mining's capability to provide excellent technical solutions in the area of materials handling systems and applications", says Gary Hughes, President of the Sandvik Mining business area.

About Sandvik

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 2011 the Group had about 50,000 employees and representation in 130 countries, with annual sales of more than 94,000 MSEK.

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 2011 sales amounted to about 32,200 MSEK, with approximately 13,200 employees (pro forma rounded numbers).

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