Lars Josefsson, President of Sandvik Mining and Construction (SMC) business area: “We are pleased to note that, following the increase in demand for mobile mining equipment demand earlier this year, we are now also seeing arise in demand for major capital investments in mines and related infrastructures. During October and November, SMC secured a number of orders for bulk materials handling and continuous mining/crushing systems in South America, Africa and Asia.

The recently signed orders include:

• Turn-key supply of a materials handling system for a coal export terminal
• A repeat order for supply of several iron ore handling machines for an iron ore mine
• The design and supply of a high-capacity (9,100 t/h) long-distance conveying system for an iron ore mine
• The design and delivery of a complete coal storage (stacking and reclaiming) and handling/loading system for a port
• Engineering and supply of a high capacity iron ore conveying system for a port.

The total value of these orders is some SEK2,200 million and delivery has commenced with completion scheduled to take place between late 2011 and mid 2013.

“These orders confirm Sandvik’s strong position in iron ore and coal mining, preparation and bulk materials handling. We anticipate a continued high level of demand for these commodities and the orders prove our ability to provide technically superior and energy efficient continuous mining solutions. This success is based on Sandvik’s vast experience and its close cooperation with customers in development and delivery of complete mining and bulk handling systems,” said Josefsson.