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Sandvik wins major mining equipment order in Thailand

Sandvik's Mining and Construction business area, through Sandvik Materials Handling, has won a major order for the development, supply and installation of a complete materials-handling system at the Mae Moh coal mine in northern Thailand.

The customer is the Italian-Thai Development Public Company Ltd (ITD). The total value of the order is approximately SEK 430 M. The installation is scheduled to be placed in operation in April 2002.

ITD is one of the largest companies in its industry in Thailand. The equipment ordered, which includes crushers and conveyor systems, will be used to remove a total of 500 million cubic meters of overburden at the mine during the next nine years.

"This order involves one of the largest systems of its type in the world, with a capacity of 22,000 tons an hour. This demonstrates our very strong competitive position and our leadership in this area," says Jarmo Juntunen, President of Sandvik Materials Handling.

Sandviken, 30 May 2001

Sandvik AB; (publ)