Sandvik Mining Gets SEK950 Million Orders From Australia, S America
March 25 2013 - 6:08AM
Dow Jones News
By Dominic Chopping
STOCKHOLM--Swedish engineer Sandvik AB (SAND.SK) said Monday its
mining unit has secured materials handling contracts in South
America and Australia worth a combined SEK950 million.
MAIN FACTS:
-The contracts will contribute to Sandvik Mining's business
during the years 2013 until 2015.
-The orders include design and supply of conveying systems for a
surface mine in South America.
-For Australia the orders include design, supply and delivery of
materials handling equipment.
-Shares closed Friday at SEK100.40, valuing the company at
SEK125.94 billion.
-Write to Dominic Chopping at dominic.chopping@dowjones.com;
Twitter: @DowJonesNordics
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