Sandvik Mining and Rock Solutions

Business area Sandvik Mining and Rock Solutions is a global leading supplier in equipment and tools, parts, service and technical solutions for the mining and infrastructure industries. Applications include rock drilling, rock cutting, loading and hauling, tunneling and quarrying.

Key figures 2022

Revenues: 56,843 million SEK
Adjusted operating profit (EBITA):
11,643 million SEK
Employees: 16,206

Business area President

Mats Eriksson

The focus lies on bringing value to customers through high-performing products that increase productivity and safety as well as to provide services and flexible maintenance programs that extend uptime and cut costs.

A fast-growing part of the business area's offering is solutions for automation and remote monitoring of equipment, which increases operational efficiency and process reliability. The mine automation systems cover all aspects of automation, from single equipment to full fleet control.

Revenues by commodity

  • Gold 35
  • Copper 23
  • Coal 10
  • Zinc 7
  • Pt Group Metals 6
  • Iron ore 2
  • Diamonds 1
  • Other metals 6
  • Other minerals 5
  • Other base metals 5

Revenues by market area

  • North America 22
  • Australia 21
  • Africa/Middle East 20
  • Asia 17
  • Europe 10
  • South America 9

Related products and services

Related stories

“In a couple of years electric equipment will be part of pretty much every contract,” says Henrik Ager, President of Sandvik Mining and Rock Solutions.

The momentum for mining electrification rides on a technology development that is set to accelerate rapidly, enabling substantial benefits for the industry.

Jani Vilenius, Sandvik Director Research & Technology, shares his thoughts on the necessity of increased connectivity.

Sandvik is helping customers map areas of their mines that were previously unreachable.