Sandvik wins major mining equipment order in Mongolia | SDVKY Stock News

1 day ago

Sandvik (OTC: SDVKY) secures a SEK 270 million mining equipment order from Oyu Tolgoi LLC.
Deliveries slated from October 2025 through November 2026, boosting revenue visibility.
The order includes loaders and trucks for Mongolia's Oyu Tolgoi, a major copper-gold deposit.

Sandvik (OTC: SDVKY) has announced a significant boost to its mining equipment business after securing an order valued at SEK 270 million from Oyu Tolgoi LLC. The equipment will be deployed at the company's copper-gold mine in Mongolia's South Gobi Desert.

The contract includes the provision of loaders and trucks, with deliveries scheduled from October 2025 and expected to extend through November 2026. This timeline offers substantial revenue visibility for Sandvik, reinforcing its strong position in the mining equipment sector.

Oyu Tolgoi is one of the world's most significant copper-gold deposits, and it is co-owned by Rio Tinto and the Government of Mongolia. This collaboration highlights Sandvik's ongoing commitment to enhancing productivity and safety in mining operations.

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