Sandvik Mining and Rock Technology

Business area Sandvik Mining and Rock Technology is a leading supplier in equipment and tools, service and technical solutions for the mining and construction industries.

Key figures 2018

Revenues: 42,772 million SEK
Operating profit: 7,380 million SEK
Employees: 15,462

President

Henrik Ager

Applications include rock drilling, rock cutting, crushing and screening, loading and hauling, tunneling, quarrying and breaking and demolition.

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 29
  • Copper 22
  • Coal 12
  • Zinc 8
  • Platinum 6
  • Iron ore 4
  • Diamonds 2
  • Other minerals 7
  • Other base metals 5
  • Other metals 5

Revenues by market area

  • North America 22
  • Africa/Middle East 20
  • Asia 19
  • Europe 16
  • Australia 14
  • South America 9

*Only for mining-related revenues, i.e. 76% of total revenues
** PGM = Platinum group metals

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

Website for products and services


Related stories


Glass labyrinth

Sandvik’s automated loaders and trucks have been working in real mines for over 20 years with zero accidents involving people.

A person wearing safety equipment.

A Sandvik 365 service agreement has resulted in improved and predictable productivity at Kailin’s mining operations in Jinzhong, in southwest China.