Sandvik

Sandvik wins automation order from Chilean copper miner Pucobre

Retrieved on: 
Friday, June 30, 2023
Mining, Sandvik, Safety, Automation, Lithium, Atacama Desert

STOCKHOLM, June 30, 2023 /PRNewswire/ -- Sandvik has received an order from the Chilean copper miner Sociedad Punta del Cobre S.A (Pucobre) to supply autonomous loaders equipped with AutoMine® Multi-Lite system for its mining operations in northern Chile's Atacama region.

Key Points: 
  • STOCKHOLM, June 30, 2023 /PRNewswire/ -- Sandvik has received an order from the Chilean copper miner Sociedad Punta del Cobre S.A (Pucobre) to supply autonomous loaders equipped with AutoMine® Multi-Lite system for its mining operations in northern Chile's Atacama region.
  • The order is valued at approximately SEK 100 million and was booked in the second quarter 2023.
  • The order from Pucobre, one of the largest underground copper producers in Chile, includes Toro™ LH621i autonomous loaders.
  • "We are pleased to support Pucobre with its ambitious targets for mining automation, and look forward to deliver our leading automation solutions to help improve safety, productivity and reliability at its mine operations," says Mats Eriksson, President of Sandvik Mining and Rock Solutions.

Mats Backman new Chief Financial Officer and member of the Volvo Group Executive Board

Retrieved on: 
Thursday, June 29, 2023
Volvo, Autoliv, EUR, Sandvik, Nasdaq Stockholm, SEK, Veoneer, Management, Automotive industry

GOTHENBURG, Sweden, June 29, 2023 /PRNewswire/ -- Mats Backman has been appointed as Chief Financial Officer and a new member of Volvo Group's Executive Board.

Key Points: 
  • GOTHENBURG, Sweden, June 29, 2023 /PRNewswire/ -- Mats Backman has been appointed as Chief Financial Officer and a new member of Volvo Group's Executive Board.
  • He will succeed Jan Ytterberg, who as previously communicated, will continue as Volvo Group senior advisor.
  • He has been the Chief Financial Officer for several well-known companies such as Sandvik, Autoliv and Veoneer.
  • The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 100,000 people and serves customers in almost 190 markets.

Electric Off-Highway Equipment Industry Banks on Electric-powered Future in Mining Sector - Grand View Research, Inc.

Retrieved on: 
Tuesday, June 13, 2023
Carbon, Shell, Urbanization, Maintenance, Bobcat Company, Building material, Volvo Construction Equipment, Prevalence, Original equipment manufacturer, Agriculture, ROI, SEK, USD, Sandvik, Climate change, SAN, Mining, Growth, ESG, ADAS, AI, R, Transport, Environment, House, Red Data Book of the Russian Federation, Heavy equipment, Renewable energy, EV

Heightened demand for electric equipment, including electric dump trucks, mining trucks, dozers, motor graders, excavators and loaders, has reinforced the industry growth.

Key Points: 
  • Heightened demand for electric equipment, including electric dump trucks, mining trucks, dozers, motor graders, excavators and loaders, has reinforced the industry growth.
  • The company asserts it will help keep up the state's climate goals, boost a low-carbon future and enhance air quality.
  • The foray of innovations and digitization into the mining sector has brought a paradigm shift in the electrification of off-highway equipment.
  • Incumbents envisage North America electric off-highway equipment industry share to be pronounced following the prevalence of comprehensive infrastructure plans.

Electric Off-Highway Equipment Industry Banks on Electric-powered Future in Mining Sector - Grand View Research, Inc.

Retrieved on: 
Tuesday, June 13, 2023
Carbon, Shell, Urbanization, Maintenance, Bobcat Company, Building material, Volvo Construction Equipment, Prevalence, Original equipment manufacturer, Agriculture, ROI, SEK, USD, Sandvik, Climate change, SAN, Mining, Growth, ESG, ADAS, AI, R, Transport, Environment, House, Red Data Book of the Russian Federation, Heavy equipment, Renewable energy, EV

Heightened demand for electric equipment, including electric dump trucks, mining trucks, dozers, motor graders, excavators and loaders, has reinforced the industry growth.

Key Points: 
  • Heightened demand for electric equipment, including electric dump trucks, mining trucks, dozers, motor graders, excavators and loaders, has reinforced the industry growth.
  • The company asserts it will help keep up the state's climate goals, boost a low-carbon future and enhance air quality.
  • The foray of innovations and digitization into the mining sector has brought a paradigm shift in the electrification of off-highway equipment.
  • Incumbents envisage North America electric off-highway equipment industry share to be pronounced following the prevalence of comprehensive infrastructure plans.

Interim report first quarter 2023: Sandvik

Retrieved on: 
Friday, April 21, 2023
Webcast, Sandvik

Additional information may be obtained from Sandvik Investor Relations, phone +46 70 782 63 74 (Louise Tjeder) or +46 72 506 60 53 (Maria Brandberg).

Key Points: 
  • Additional information may be obtained from Sandvik Investor Relations, phone +46 70 782 63 74 (Louise Tjeder) or +46 72 506 60 53 (Maria Brandberg).
  • A webcast and conference call will be held on April 21, 2023 at 1:00 PM CEST.
  • Information is available at home.sandvik/investors
    This information is information that Sandvik AB is obliged to make public pursuant to the EU Market Abuse Regulation.
  • The information was submitted for publication, through the agency of the contact person set out above, at about 11.30 AM CEST on April 21, 2023.

Machina Labs Continues Expansion of Leadership Team With New Engineering and Product Hires

Retrieved on: 
Tuesday, April 4, 2023
Software, Machinery, Hardware, Robotics, General Automotive, Technology, Automotive, Other Manufacturing, Artificial Intelligence, Steel, Engineering, Automotive Manufacturing, Manufacturing, Workforce, Sierra Nevada Corporation, Defense, Harvard University, UCLA Anderson School of Management, Oracle, Artisan, Sandvik, SNC, Clutter, Labs, Management, Information technology

Machina Labs today announced the further expansion of its executive team to include engineering and product veterans Kyle Hickey and Michael Polino.

Key Points: 
  • Machina Labs today announced the further expansion of its executive team to include engineering and product veterans Kyle Hickey and Michael Polino.
  • Mr. Hickey is Machina’s new Vice President of Engineering and Mr. Polino will serve as Vice President of Product.
  • Hickey has joined Machina Labs after serving as the VP of Engineering at Sandvik, a multinational engineering company based in Sweden.
  • Before his time at Artisan, Hickey held various leadership and engineering positions at Ensign-Bickford Aerospace & Defense, Sierra Space (SNC), and other companies.

Mining Software Market worth $14.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, April 6, 2023
Cloud, Mining software repositories, IBM, Mineral, Metal, Workflow, Electronics, Internet, ABB, SAP, Sandvik, Coal, Gold, Iron, Investment, Mining, Rockwell Automation, Architecture, Growth, Copper, Safety, Hexagon AB, Video game, Microsoft, Cisco, Caterpillar, Accenture

They are scalable, allowing mining businesses to quickly add or subtract users, features, or storage as their requirements change.

Key Points: 
  • They are scalable, allowing mining businesses to quickly add or subtract users, features, or storage as their requirements change.
  • Over the period of forecast, the surface mining segment is anticipated to hold the majority of the market share.
  • Mining businesses are increasingly implementing mining software solutions in their operations to streamline their workflow and boost production.
  • These players are focusing on expanding their product portfolios and adopting various growth strategies like partnerships, agreements, and collaborations to strengthen their market position in the Mining Software Market.

Mining Software Market worth $14.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, April 6, 2023
Cloud, Mining software repositories, IBM, Mineral, Metal, Workflow, Electronics, Internet, ABB, SAP, Sandvik, Coal, Gold, Iron, Investment, Mining, Rockwell Automation, Architecture, Growth, Copper, Safety, Hexagon AB, Video game, Microsoft, Cisco, Caterpillar, Accenture

They are scalable, allowing mining businesses to quickly add or subtract users, features, or storage as their requirements change.

Key Points: 
  • They are scalable, allowing mining businesses to quickly add or subtract users, features, or storage as their requirements change.
  • Over the period of forecast, the surface mining segment is anticipated to hold the majority of the market share.
  • Mining businesses are increasingly implementing mining software solutions in their operations to streamline their workflow and boost production.
  • These players are focusing on expanding their product portfolios and adopting various growth strategies like partnerships, agreements, and collaborations to strengthen their market position in the Mining Software Market.

Desktop Metal Qualifies Copper Alloy C18150 on the Production System™ with Sandvik Additive Manufacturing and Top Five Global Automaker

Retrieved on: 
Wednesday, March 15, 2023
Other Manufacturing, Technology, Other Technology, Software, Manufacturing, Internet, Machine Tools, Metalworking & Metallurgy, Hardware, Electronic Design Automation, Artificial Intelligence, Multimedia, Research, Copper, Production, Metal, NYSE, Production system, Desktop Metal, Personal shopping system, Hilton Chicago, Deathmatch, P-50, 3D printing, Printing, DM, Sandvik, Corrosion, Toyota Production System, SPJ, 3D, Powder metallurgy

Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, in collaboration with Sandvik Additive Manufacturing, a world-leading producer of gas atomized metal powders, and a top five global automotive manufacturer, today announced that copper alloy C18150 has been DM Qualified for binder jet 3D printing on the Production System™.

Key Points: 
  • Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, in collaboration with Sandvik Additive Manufacturing, a world-leading producer of gas atomized metal powders, and a top five global automotive manufacturer, today announced that copper alloy C18150 has been DM Qualified for binder jet 3D printing on the Production System™.
  • View the full release here: https://www.businesswire.com/news/home/20230315005176/en/
    These complex demonstration parts are binder jet 3D printed on the Desktop Metal Production System™ P-1 in C18150, also known as chromium zirconium copper.
  • The material has now been qualified for use on that high-speed printing platform in collaboration with Sandvik Additive Manufacturing, a world-leading producer of gas atomized metal powders, and a top five global automotive manufacturer, who is scaling a part design in C18150 for serial production on the Production System™ P-50.
  • It’s also able to withstand service temperatures up to 500°C, making it ideal for certain applications in the automotive industry.

Sandvik AB Annual Report 2022

Retrieved on: 
Friday, March 10, 2023
The Annual Report, Mining, Annual report, Sandvik, Cryptocurrency

STOCKHOLM, March 10, 2023 /PRNewswire/ -- The Sandvik AB Annual Report 2022 is from today available on the company website: https://www.annualreport.sandvik/en/2022

Key Points: 
  • STOCKHOLM, March 10, 2023 /PRNewswire/ -- The Sandvik AB Annual Report 2022 is from today available on the company website: https://www.annualreport.sandvik/en/2022
    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 home.sandvik/investors .
  • This information is information that Sandvik AB is obliged to make public pursuant to the Securities Market Act.
  • Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries.