Sandvik Mining and Rock Solutions has signed a letter of intent to secure fossil-free steel from SSAB for use in in the production of its loaders and trucks.
SSAB said it aims to deliver fossil-free steel to the market on a commercial scale in 2026, and the agreement ensures Sandvik secures its required volumes within SSAB’s production capacity. As a partner, Sandvik can also apply for early fossil-free sample deliveries of, for example, a prototype frame, loader bucket or truck box to be used in a demo or concept product.
“Sustainability is at the core of our business strategy,” said Mats Eriksson, president of Sandvik Mining and Rock Solutions. “As the market demand for fossil-free products increases in the years ahead, this partnership will enable us to offer our mining customers solutions with a drastically reduced CO2 footprint.”
SSAB delivered the first steel made of hydrogen-reduced iron in 2021. The steelmaker works with iron ore producer LKAB and energy company Vattenfall as part of the HYBRIT initiative – to develop a value chain for fossil-free iron and steel production.
Source: Sandvik