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 construction industries. Applications include rock drilling, rock cutting, loading and hauling, tunneling and quarrying.

Key figures 2020

Proforma numbers
Revenues: 33,572 million SEK
Operating profit: 6,400 million SEK
Adjusted operating profit: 6,885 million SEK
Employees: 12,442

Business area President

Henrik Ager

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 41
  • Copper 16.2
  • Coal 10.3
  • PGM** 6.3
  • Zinc 6
  • Iron ore 3.2
  • Diamonds 2
  • Other minerals 4.8
  • Other metals 4.4
  • Other base metals 2

Revenues by market area

  • Asia 21
  • North America 19
  • Africa/Middle East 19
  • Australia 18
  • Europe 15
  • South America 7

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.