Sandvik said it has completed the previously announced acquisition of a majority stake (72.4%) in China-based Suzhou Ahno Precision Cutting Tool Technology from Ningbo Baosi Energy Equipment and related parties. The company will be reported within the Sandvik Machining Solutions segment. Founded in 2002, Ahno has a leading position in precision cutting tools in the fast-growing local premium segment, with…
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Mining equipment manufacturers MacLean and Sandvik have completed the first phase of a collaboration to provide miners with more options for expanding automation underground.
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Sandvik has rolled out its largest-ever intelligent rotary blasthole drill, the DR416iE. The electric Sandvik DR416iE’s design is based on the popular Sandvik DR416i. It joins the Sandvik DR410iE, Sandvik DR412iE and Sandvik DR413iE as the fourth and largest electrified rig in Sandvik’s intelligent rotary blasthole range. The new release has been designed to deliver superior performance and sustainability in…
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Sandvik has inaugurated its new underground load and haul production unit in Malaysia with the assembly of a Toro LH517i loader. “This expansion marks a significant milestone for Sandvik,” said Patricio Apablaza, president of Sandvik Mining and Rock Solutions’ Load and Haul division. “This production unit enables flexible manufacturing of both conventional diesel and battery-electric loaders and trucks while adhering…
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The Sandvik cone crusher design philosophy is based on continual evolution of parts, materials and technologies to improve the reliability, availability and productivity its customers rely on. That commitment has led to the latest in its advances in connected crushing – the upgraded 800i cone crusher range with new ACS-c 5. “The upgraded 800i crushers with new ACS-c 5 are…
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Sandvik has confirmed the receipt of a significant order to supply its AutoMine load and haul automation system to Codelco’s El Teniente mine in Chile. The deal, worth SEK 300 million/US$28.6 million, was booked in the first quarter of 2024. The OEM noted that it follows multiple automation solutions orders from the miner last year. It also confirmed it will…
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Sandvik has unveiled the Golden Shank, a patented corrosion protection coating for greatly increased service life and lower drilling cost per meter. The shank adapter encounters harsh conditions in many underground mines due to the use of highly corrosive water as flushing media. During its lifetime, it must endure challenges such as reduced fatigue properties, stress corrosion cracking and embrittlement.…
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Equipment maker Sandvik said it will be cutting 1,100 as part of a cost-saving restructuring effort. The company, which said it will also be consolidating production units and optimizing its organizational structure, said orders from majors were at a good level but it had seen a decrease in business from smaller operators as well as from the infrastructure market. The…
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Equipment maker Sandvik has won its largest-ever order, valued at SEK 248 million (US$23.66 million), for surface drill rigs to be delivered beginning this quarter to U.S. dealer Country Boy Supply. Full story.
Read MoreSandvik, on a path to grow strategically into key high-growth industry segments, said December 28 it has inked a deal to acquire German-based sensorized tool and automation software supplier pro-micron GmbH. “Sensorized tools is a high-growth market, with strong underlying drivers such as the accelerated shift to automated production, increasing demand of production data from our customers and closed loop…
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