Sandvik

Invitation: Presentation of Sandvik's report of the first quarter 2024

Retrieved on: 
Thursday, March 28, 2024
Sandvik, CFO

STOCKHOLM, March 28, 2024 /PRNewswire/ -- Sandvik will publish its first quarter results on Monday, April 22, 2024, at approximately 11:30 AM CEST.

Key Points: 
  • STOCKHOLM, March 28, 2024 /PRNewswire/ -- Sandvik will publish its first quarter results on Monday, April 22, 2024, at approximately 11:30 AM CEST.
  • A combined webcast and conference call for investors, analysts and financial media will be held at 1:00 PM CEST.
  • The report will be presented by Stefan Widing, President and CEO as well as by Cecilia Felton, CFO.
  • Dial-in details for the conference call:
    For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 707 826 374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 707 211 008.

IDTechEx Finds EVs Will Make Mining Cleaner and Cheaper

Retrieved on: 
Tuesday, March 26, 2024
Sandvik, Electricity, Players, Health, EV, Vibration, Growth, Noise, Original equipment manufacturer, EVS, Acceleration, Electric vehicle, Research, ICE, Particulates, NOx, XCMG, Komatsu, CO2, Safety, Torque, Miner, Caterpillar, Economics, Car, Rail transport

The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.

Key Points: 
  • The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.
  • The new IDTechEx report, " Electric Vehicles in Mining 2024-2044: Technologies, Players, and Forecasts ", finds that the electric mining vehicle market is on the cusp of rapid growth, with a 20-year CAGR of 38% forecasted.
  • This article will explore these factors to demonstrate why mining companies and vehicle manufacturers have been so keen to embrace electrification.
  • The introduction of electric haul trucks and other electric mining vehicles creates huge potential for the decarbonization of mining and allows mining companies and OEMs to meet their individual emissions targets.

IDTechEx Finds EVs Will Make Mining Cleaner and Cheaper

Retrieved on: 
Tuesday, March 26, 2024
Sandvik, Electricity, Players, Health, EV, Vibration, Growth, Noise, Original equipment manufacturer, EVS, Acceleration, Electric vehicle, Research, ICE, Particulates, NOx, XCMG, Komatsu, CO2, Safety, Torque, Miner, Caterpillar, Economics, Car, Rail transport

The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.

Key Points: 
  • The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.
  • The new IDTechEx report, " Electric Vehicles in Mining 2024-2044: Technologies, Players, and Forecasts ", finds that the electric mining vehicle market is on the cusp of rapid growth, with a 20-year CAGR of 38% forecasted.
  • This article will explore these factors to demonstrate why mining companies and vehicle manufacturers have been so keen to embrace electrification.
  • The introduction of electric haul trucks and other electric mining vehicles creates huge potential for the decarbonization of mining and allows mining companies and OEMs to meet their individual emissions targets.

Sandvik AB Annual Report 2023

Retrieved on: 
Wednesday, March 13, 2024
Sandvik, Annual report, The Annual Report

STOCKHOLM, March 13, 2024 /PRNewswire/ -- The Sandvik AB Annual Report 2023 is from today available at our website: https://www.annualreport.sandvik/en/2023

Key Points: 
  • STOCKHOLM, March 13, 2024 /PRNewswire/ -- The Sandvik AB Annual Report 2023 is from today available at our website: https://www.annualreport.sandvik/en/2023
    The Annual Report has been printed in a limited edition and will be distributed to shareholders that have ordered the report.
  • The Annual Report is available, and can be ordered, at https://www.home.sandvik/annualreports .
  • This information is information that Sandvik AB is obliged to make public pursuant to the Securities Market Act.
  • For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008

Sandvik completes the acquisition of CAM reseller Cimquest

Retrieved on: 
Monday, March 4, 2024
Acquisition, MUSD, CAM, Mastercam, Sandvik, Computer-aided manufacturing, Computer-aided

STOCKHOLM, March 4, 2024 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of Cimquest, a US based reseller of Computer Aided Manufacturing (CAM) solutions and one of the largest resellers in the Mastercam network.

Key Points: 
  • STOCKHOLM, March 4, 2024 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of Cimquest, a US based reseller of Computer Aided Manufacturing (CAM) solutions and one of the largest resellers in the Mastercam network.
  • Cimquest will be a part of business unit Mastercam and will be reported within business area Sandvik Manufacturing and Machining Solutions.
  • Cimquest, founded in 1990, is headquartered in Branchburg, New Jersey, and has 55 employees.
  • *A limited part of Cimquest revenues in 2023 were to Sandvik-owned Mastercam and will not impact Group total external revenues.

Sandvik wins major mining automation order from Codelco

Retrieved on: 
Friday, March 1, 2024
Safety, Automation, El Teniente, Sandvik, Mining, Partnership

STOCKHOLM, March 1, 2024 /PRNewswire/ -- Sandvik has received a major order from Codelco, the world's largest copper producer, to supply a AutoMine® load and haul automation system, for use in the new Andesita project at the El Teniente mine in Chile.

Key Points: 
  • STOCKHOLM, March 1, 2024 /PRNewswire/ -- Sandvik has received a major order from Codelco, the world's largest copper producer, to supply a AutoMine® load and haul automation system, for use in the new Andesita project at the El Teniente mine in Chile.
  • The order is valued at approximately SEK 300 million and was booked in the first quarter 2024.
  • Under the new contract, which follows multiple automation solutions orders from Codelco in 2023, Sandvik will implement an advanced automation system and deliver a new automated Toro™ LH621i loader during 2024.
  • "We are very pleased to expand our partnership with Codelco and look forward to provide our leading mining automation solutions to the new Andesita project, enhancing safety, efficiency and productivity in the operations," says Mats Eriksson, President of Sandvik Mining and Rock Solutions.

Karora Resources Announces New Fletcher Zone Gold Drilling Results of 3.8 g/t over 33.0 metres and 34.6 g/t over 2.0 metres at Beta Hunt

Retrieved on: 
Thursday, February 22, 2024
Nickel, Mining, News, TSX, Sandvik, QA/QC, Resource, Karora, Gold, KRR, SGS, CRM, Mineral Resources Limited, Ventilation, Diamond, ICP-AES, CAT, Mason

At Larkin, infill drilling targeting both gold and nickel mineralization delivered results that support the recently updated Larkin Gold Mineral Resource.

Key Points: 
  • At Larkin, infill drilling targeting both gold and nickel mineralization delivered results that support the recently updated Larkin Gold Mineral Resource.
  • Today's results from the Fletcher Zone include a very long intercept of 3.8 g/t over 33.0 metres and high-grade intercepts of 34.6 g/t over 2.0 metres and 15.2 g/t over 3.3 metres.
  • These results support both extending and increasing confidence in the Fletcher South Zone with the ultimate goal of completing sufficient drilling to produce a maiden Mineral Resource for the Fletcher Zone.
  • The drilling results for gold include holes that were primarily targeting nickel, which were also assayed for gold mineralization.

Solix Technologies, Inc. Announces 2023 Results With Strong Customer Growth, The Launch of Solix Common Data Platform 3.0, and Powerful New Enterprise AI Solutions

Retrieved on: 
Thursday, February 8, 2024
Constellation, Insignia Financial, Elevance Health, Panasonic, Education, FCCI, Wells Fargo, Insurance, Sandvik, Student, Partnership, Growth, AI, Data management, University, Constellation Brands, International business, NRR, Artificial intelligence, Video game

With a year marked by significant product announcements, strategic partnerships, and an expanding customer base, Solix is strategically positioned to lead in the enterprise data and AI revolution space.

Key Points: 
  • With a year marked by significant product announcements, strategic partnerships, and an expanding customer base, Solix is strategically positioned to lead in the enterprise data and AI revolution space.
  • The company has experienced exceptional growth in excess of 50% in 2023, fueled by the growing adoption of the Solix Common Data Platform and the launch of SOLIXCloud Enterprise AI , a generative AI and machine learning solution.
  • SOLIXCloud, the company's cloud data management platform, experienced exceptional growth, boasting over 60% expansion in 2023 with over 130% NRR.
  • As we move forward, Solix remains focused on delivering cutting-edge enterprise intelligence and AI solutions to empower data-driven organizations."

Mining Automation Market worth $5.1 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 8, 2024
Row, SCADA, Mobile robot, Occupational safety and health, Air filter, Partex Group, PLC, Motion, Sandvik, HVAC, Component, Safety, Single, Temperature, Refrigeration, Process control block, Automation, Accident, Mining, Ventilation, Communication, PAM, MES, Heat, DCS, Air handler, Human

A well-established communication infrastructure helps transport data and voice and video messages, which is critical for safe and reliable mining.

Key Points: 
  • A well-established communication infrastructure helps transport data and voice and video messages, which is critical for safe and reliable mining.
  • The surface mining technique segment is expected to hold a substantial market share during the forecast period.
  • Surface mining is a form of mining technique used to extract minerals and ores occurring closer to the earth's surface.
  • Automation is pivotal in surface mining, contributing to heightened efficiency, diminished human error, and improved safety.

Mining Automation Market worth $5.1 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 8, 2024
Row, SCADA, Mobile robot, Occupational safety and health, Air filter, Partex Group, PLC, Motion, Sandvik, HVAC, Component, Safety, Single, Temperature, Refrigeration, Process control block, Automation, Accident, Mining, Ventilation, Communication, PAM, MES, Heat, DCS, Air handler, Human

A well-established communication infrastructure helps transport data and voice and video messages, which is critical for safe and reliable mining.

Key Points: 
  • A well-established communication infrastructure helps transport data and voice and video messages, which is critical for safe and reliable mining.
  • The surface mining technique segment is expected to hold a substantial market share during the forecast period.
  • Surface mining is a form of mining technique used to extract minerals and ores occurring closer to the earth's surface.
  • Automation is pivotal in surface mining, contributing to heightened efficiency, diminished human error, and improved safety.