Sandvik Secures Major Order for Battery-Electric Mining Equipment
In a significant development, Sandvik AB has clinched a substantial order for battery-electric mining equipment, marking a major milestone for the high-technology engineering group. The order, valued at a substantial amount of SEK, is the company’s largest ever for battery-electric vehicles, underscoring its expertise in providing innovative solutions for industrial companies worldwide.
The equipment, which includes battery-electric trucks and conventional mining equipment, will be supplied to South32’s Hermosa critical minerals project in Arizona. Deliveries are scheduled to take place from 2026 to 2030, with the order being booked in Q2 2025. This major contract is expected to have a positive impact on the company’s financials, reflecting the growing demand for sustainable and efficient mining solutions.
The order is a testament to Sandvik’s commitment to driving innovation in the mining industry. By providing cutting-edge battery-electric vehicles, the company is helping to reduce environmental impact and improve operational efficiency for its clients. This significant win highlights Sandvik’s position as a leader in the high-technology engineering sector, with a proven track record of delivering innovative solutions that meet the evolving needs of industrial companies worldwide.
Key Highlights of the Order:
- Valued at a substantial amount of SEK
- Largest ever order for battery-electric vehicles
- Equipment to be supplied includes battery-electric trucks and conventional mining equipment
- Deliveries scheduled from 2026 to 2030
- Order to be booked in Q2 2025