Sandvik has received an order from Indian mining company Hindustan Zinc Limited to supply underground mining equipment valued at approximately SEK 345 million (approximately USD 32.2 million). The order was recorded in the second quarter of 2024, with deliveries scheduled through the end of the year.
The contract, building on a long-standing partnership between Sandvik and Hindustan Zinc, includes the supply of additional development drills, production drills, trucks, and loaders to expand Hindustan Zinc’s existing fleet of Sandvik equipment. Alongside the equipment order, the deal also offers significant aftermarket value.
“We are very pleased to expand our partnership with Hindustan Zinc and again be selected to supply our advanced mining equipment. With our solutions, we will support Hindustan Zinc’s ambitious production plans and help drive productivity, safety, and sustainability in their operations,” stated Mats Eriksson, President of Sandvik Mining and Rock Solutions. 
