Swedish high-technology engineering and steelmaking group Sandvik has announced that at the end of March Sandvik Mining signed three major materials handling contracts with Latin American and Australian customers.
The orders include design and supply of continuous mining equipment for a fully truckless In-Pit Crushing and Conveying (IPCC) system and two waste lines for a surface mine in Latin America, as well as design, supply and installation of materials handling equipment for iron ore stacking and reclaiming for a surface mine in Australia. The total value of the orders exceeds SEK 1.6 billion ($236.4 million).