Sandvik Signs Mining Systems Order Exceeding SEK900 Million
July 19 2012 - 2:26AM
Dow Jones News
Swedish engineering company Sandvik AB (SAND.SK) Thursday said
it has entered an agreement for the delivery of a large materials
handling and crushing system for a copper mine with a customer in
South America.
MAIN FACTS:
-The contract will be performed jointly with a local partner,
and the value of the Sandvik share of the contract exceeds SEK900
million.
-It will contribute to Sandvik Mining's business during the
years 2012 until 2013.
-The order includes the design, supply and installation of a
crushing and conveying system.
-Shares closed Wednesday at SEK86.85.
-Write to Anna Molin at anna.molin@dowjones.com; Twitter:
@DowJonesNordics
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