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Sandvik receives major orders in materials handling

Sandvik Mining and Construction, world-leading supplier to the mining and construction industries, has achieved significant market successes recently through the receipt of a number of large orders for advanced materials handling systems.

The total value of the orders is slightly more than SEK 1 billion. Deliveries will be made during 2006 and 2007.

The orders are for customized plants for handling of iron ore in Saudi Arabia and Brazil as well as coal in Australia.

"These contracts confirm Sandvik's leading position in materials-handling systems as a result of high expertise, advanced technology and a broad-based service organization," says Lars Josefsson, President of Sandvik Mining and Construction. "The order to Saudi Arabia is the largest single order to date in the business area."

Sandviken, 12 September 2005

Sandvik AB; (publ)