Sandvik

$4.2 Billion Mining Automation Markets: Underground Mining Segment Dominated in 2021 - Global Analysis & Forecasts to 2027

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Monday, January 23, 2023
USD, Government, Sany, Equipment, Automation, Mining, Autonomy, Hexagon AB, Metal, Bed, Maintenance, Vessel monitoring system, Liebherr, Policy, Growth, Sandvik, Coal, Internet of things, GDP, Row, Telecommunications, Milltown Biomass-to-Energy Power Station, Rockwell Automation, Remote, SOCATA TBM, Mineral, Workflow, Urbanization, Investment, Caterpillar, Software

The mining automation market size is expected to grow from USD 3.1 billion in 2022 to USD 4.2 billion by 2027; it is expected to grow at a CAGR of 6.3% from 2022 to 2027.

Key Points: 
  • The mining automation market size is expected to grow from USD 3.1 billion in 2022 to USD 4.2 billion by 2027; it is expected to grow at a CAGR of 6.3% from 2022 to 2027.
  • Growing demand for metals, minerals, coal, and ores, among others in various process and discrete industries is another major factor contributing to the growth of the mining automation market.
  • Some of the most common types of underground mining techniques are room and pillar mining, cut-and-fill stopping, longwall mining, shaft mining, and slope mining.
  • This rising demand for metals and ores is in turn driving the mining automation market in the Asia Pacific region.

Sandvik wins SEK 135 million mining equipment order in Canada

Retrieved on: 
Friday, January 20, 2023
Safety, Sandvik, Mining, SEK, Bev, Gold, Noise, New Gold, New Afton mine

STOCKHOLM, Jan. 20, 2023 /PRNewswire/ -- Sandvik has received a mining equipment order from the Canadian gold mining company New Gold.

Key Points: 
  • STOCKHOLM, Jan. 20, 2023 /PRNewswire/ -- Sandvik has received a mining equipment order from the Canadian gold mining company New Gold.
  • The order, valued at SEK 135 million, is partly for battery-electric vehicles (BEVs).
  • The order includes four battery-electric Sandvik LH518B loaders, to be used at the New Afton underground gold-copper mine in British Columbia.
  • This is a testament to the strength of our solutions," says Mats Eriksson, President of Sandvik Mining and Rock Solutions.

Sandvik Interim report fourth quarter 2022

Retrieved on: 
Friday, January 20, 2023
Sandvik, Webcast, Cryptocurrency

Additional information may be obtained from Sandvik Investor Relations, phone +46 70 782 63 74 (Louise Tjeder).

Key Points: 
  • Additional information may be obtained from Sandvik Investor Relations, phone +46 70 782 63 74 (Louise Tjeder).
  • A webcast and conference call will be held on January 20, 2023 at 10:00 CET.
  • 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 08.00 CET on January 20, 2023.

Global Mining Automation Markets, 2022-2027: Hauling/Trucks/Drilling - Rising Focus on Reducing Operating Costs and Improving Worker Safety - ResearchAndMarkets.com

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Thursday, January 19, 2023
Mining, Minerals, Natural Resources, Row, Metal, Vessel monitoring system, Telecommunication, Government, IOT, Sandvik, Workflow, Bed, Equipment, Coal, Rockwell Automation, Remote, SOCATA TBM, Maintenance, Liebherr, Policy, Growth, Automation, Urbanization, Mineral, Autonomy, Hexagon AB, USD, GDP, Investment, Milltown Biomass-to-Energy Power Station, Sany, Renewable energy, Software, Caterpillar

Growing demand for metals, minerals, coal, and ores, among others in various process and discrete industries is another major factor contributing to the growth of the mining automation market.

Key Points: 
  • Growing demand for metals, minerals, coal, and ores, among others in various process and discrete industries is another major factor contributing to the growth of the mining automation market.
  • Some of the most common types of underground mining techniques are room and pillar mining, cut-and-fill stopping, longwall mining, shaft mining, and slope mining.
  • This rising demand for metals and ores is in turn driving the mining automation market in the Asia Pacific region.
  • Similarly, in Bolivia, the new mining policy allows mining companies to enter the Bolivian mining sector either by a joint venture or leasing contract.

Invitation - presentation of Sandvik's report of the fourth quarter 2022

Retrieved on: 
Wednesday, January 4, 2023
Sandvik, CFO, Webcast

STOCKHOLM, Jan. 4, 2023 /PRNewswire/ -- Sandvik will publish its fourth quarter results on Friday, January 20, 2023 at approximately 08:00 AM CET.

Key Points: 
  • STOCKHOLM, Jan. 4, 2023 /PRNewswire/ -- Sandvik will publish its fourth quarter results on Friday, January 20, 2023 at approximately 08:00 AM CET.
  • A combined webcast and conference call for investors, analysts and financial media will be held at 10:00 AM CET.
  • The report will be presented in a webcast and conference call 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, Vice President Investor Relations, phone: +46 70 782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 70 721 1008.

Sandvik wins large mining equipment order in Democratic Republic of the Congo

Retrieved on: 
Thursday, November 24, 2022
Cobalt, Sandvik, Mining, Congo, Democratic republic, SEK, Kamoya Kimeu

STOCKHOLM, Nov. 24, 2022 /PRNewswire/ -- Sandvik has received a large mining equipment order from the Chinese global mining services provider JCHX Mining Management Co., Ltd., to be used in theKamoa-Kakula copper mine and the Kamoya copper and cobalt mine in the Democratic Republic of the Congo.

Key Points: 
  • STOCKHOLM, Nov. 24, 2022 /PRNewswire/ -- Sandvik has received a large mining equipment order from the Chinese global mining services provider JCHX Mining Management Co., Ltd., to be used in theKamoa-Kakula copper mine and the Kamoya copper and cobalt mine in the Democratic Republic of the Congo.
  • The order is valued at SEK 210 million and will be booked in the fourth quarter 2022.
  • The order is for a fleet of load and haul equipment.
  • "I am pleased to see the continued demand for our highly productive offering of intelligent mining equipment.

Mining Automation Market Worth $4.2 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, November 9, 2022
Knowledge, Mining, SME, Growth, AHS, Maintenance, Sany, Social robot, Mineral, Transport, Information technology, Enabling technology, Efficiency, D, Occupational safety and health, MES, Adoption, DCS, MM, Row, Automotive industry, Sandvik, Hexagon AB, Process, CAGR, Aerospace, GEM, Process control block, PLC, USD, Single, Liebherr, Rockwell Automation, Safety, SCADA, TBM, PAM, Energy, Component, SOCATA TBM, Business, Intelligence, Urbanization, Digital twin, Research, D&B, Automation, Marketing, Industry, Application, Caterpillar, Earth, Health care, Geography, Region

CHICAGO, Nov. 9, 2022 /PRNewswire/ -- Mining automation market size is estimated to be USD 3.1 billion in 2022 and is projected to reach USD 4.2 billion by 2027, at a CAGR of 6.3%according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Nov. 9, 2022 /PRNewswire/ -- Mining automation market size is estimated to be USD 3.1 billion in 2022 and is projected to reach USD 4.2 billion by 2027, at a CAGR of 6.3%according to a new report by MarketsandMarkets.
  • Growing digital transformation of worldwide mining industry, rising focus on improving worker safety, and increasing need for improving productivity at mines are major factors driving the growth of the mining automation market.
  • Autonomous hauling/mining trucks help to avoid breaks or shift changes that are associated with the use of manned machines for mining operations.
  • Stringent regulations have forced mining companies to invest in advanced automated mining equipment for the safety of underground miners during mining operations.

Mining Automation Market Worth $4.2 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, November 9, 2022
Knowledge, Mining, SME, Growth, AHS, Maintenance, Sany, Social robot, Mineral, Transport, Information technology, Enabling technology, Efficiency, D, Occupational safety and health, MES, Adoption, DCS, MM, Row, Automotive industry, Sandvik, Hexagon AB, Process, CAGR, Aerospace, GEM, Process control block, PLC, USD, Single, Liebherr, Rockwell Automation, Safety, SCADA, TBM, PAM, Energy, Component, SOCATA TBM, Business, Intelligence, Urbanization, Digital twin, Research, D&B, Automation, Marketing, Industry, Application, Caterpillar, Earth, Health care, Geography, Region

CHICAGO, Nov. 9, 2022 /PRNewswire/ -- Mining automation market size is estimated to be USD 3.1 billion in 2022 and is projected to reach USD 4.2 billion by 2027, at a CAGR of 6.3%according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Nov. 9, 2022 /PRNewswire/ -- Mining automation market size is estimated to be USD 3.1 billion in 2022 and is projected to reach USD 4.2 billion by 2027, at a CAGR of 6.3%according to a new report by MarketsandMarkets.
  • Growing digital transformation of worldwide mining industry, rising focus on improving worker safety, and increasing need for improving productivity at mines are major factors driving the growth of the mining automation market.
  • Autonomous hauling/mining trucks help to avoid breaks or shift changes that are associated with the use of manned machines for mining operations.
  • Stringent regulations have forced mining companies to invest in advanced automated mining equipment for the safety of underground miners during mining operations.

Overall Demand for Mining Drills Market is Projected to Grow at a CAGR of 4.7%, Totaling Around US$ 4.9 Bn Between the Forecast Period of 2022-32. Latest Insights by Future Market Insights, Inc.

Retrieved on: 
Tuesday, November 1, 2022
Doosan Corporation, Leg, Growth, Mineral, Joy Global, Coal, Sandvik, Automation, Organization, Research, Mining, FMI, CAGR, Application, Limiting factor, Metso, Caterpillar Inc., Mine, Solution, Potash, Quarry, Oil, Marketing, Epiroc, Earth, Liebherr

NEWARK, Del., Nov. 1, 2022 /PRNewswire/ -- The global mining drill market is projected to reach a value of US$ 4996.7 Mn by 2032, with the market growing at an average CAGR of 4.7% from 2022 to 2032. By the end of 2022, this market will likely reach an estimated US$ 3144.4 Mn. Rising demand for efficient mining solutions and need for strong machinery propels the growth of the mining drill market during the forecast period.

Key Points: 
  • Rising demand for efficient mining solutions and need for strong machinery propels the growth of the mining drill market during the forecast period.
  • To understand the global market potential, growth, and scope, the market is segmented on the basis of application (mining drill rigs, mining drill jumbos, rock mining drill surface crawlers), operation (diesel operated mining drills, battery/ electric operated mining drills), technique (rotary mining drill, track mining drill, compact core mining drill, down-the-hole mining drill, top hammer mining drill), mounting (handhold mining drill, pusher leg mining drill, rig mining drill, column & bar mining drill, carriage mining drill), fluid used (liquid filled, foam filled air filled), and region.
  • In addition, North America and the Asia Pacific regions will also exhibit substantial growth in the mining drill market during 2022-2032.
  • Mining Drill Market by Application:
    Mining Drill Market by Operation:
    Mining Drill Market by Drilling Technique:

Global Powder Metallurgy Market Overview 2022 with Industry Guide, Profiles of 34 Major Companies & Contact Details for 272 Companies - ResearchAndMarkets.com

Retrieved on: 
Friday, October 28, 2022
Other Manufacturing, Manufacturing, Steel, Sandvik, Copper, Cobalt, Iron, Science and technology in Asia, Aluminium, JVS, Growth, Printing, Allegheny Technologies, FPM, Metallurgy, Titanium, Industry, Aerospace, Iron & Steel Museum of Alabama, COVID-19, Automotive industry, LLC, PPE, Powder, Powder metallurgy, Efficiency, Technology, Solution, Nickel, Mining, Plastic

The "Powder Metallurgy - A Global Market Overview 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Powder Metallurgy - A Global Market Overview 2022" report has been added to ResearchAndMarkets.com's offering.
  • Powder Metallurgy is a technique utilized for processing powdered raw materials and producing a variety of components based on iron & steel powders (ferrous) and aluminum, cobalt, copper, nickel and titanium, among others (non-ferrous).
  • The components made using powder metallurgy are very strong and can withstand working environments that conventionally produced parts cannot.
  • The global demand for Powder Metallurgy components and parts is anticipated to be the largest for the Automotive sector, though the fastest growing for the Aerospace sector.