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.

Demand drivers

Mining

  • GDP growth rate and resource intensive industry development
  • Metal and mineral prices
  • Production levels in existing mines and expansion projects (green- and brownfield)
  • Productivity improvements and new technology, for example automation and electrification
  • Demand in the areas of environment, health and safety

Construction

  • GDP growth/urbanization
  • Infrastructure investments and spending
  • Government stimulus programs
  • Aggregates production
  • Cement consumption

Related products and services



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