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Sandvik

The world leader in underground hard rock mining automation and digitalization, driving development of autonomous, digital, and electrified mining operations.

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HQ Stockholm, Sweden
Size 1000+
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About Sandvik

Sandvik AB is a Swedish high-tech engineering group founded in 1862, with 2024 revenues of approximately 123 billion SEK (~$11.5B). Sandvik Mining and Rock Solutions, its largest business area, is the acknowledged leader in underground mine automation. Its digital solutions — AutoMine and OptiMine — are deployed in more than 60 mines worldwide. Sandvik won the 2020 Frost & Sullivan Global Autonomous Mining Solutions Product Leadership Award.

Sandvik's fleet management and optimization solutions are primarily focused on underground hard rock mining, in contrast to the surface-mining focus of Modular Mining, Caterpillar, and Wenco. Key acquisitions include Newtrax Technologies (Canada, 2019 — mining IoT devices) and Deswik (Australia, 2022 — mine planning software), both integrated into the digital mining portfolio.

— Written by the MSR editorial team

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Company Details

HQ
Stockholm, Sweden
Company Size
1000+
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