Industry News

Sandvik To Acquire Chuzhou Yongpu Carbide Tools

Sandvik has signed an agreement to acquire % of Chuzhou Yongpu Carbide Tools Co. Ltd a China based premium solid round tools company with a call option to buy the remaining part in three years’ time. Chuzhou Yongpu Carbide Tools Co. Ltd is mainly focused on global and local OEMs and connected suppliers operating in China. Its capabilities include the full solid round tools manufacturing value chain with an offer covering blanks cutting tools recon...

Sandvik To Acquire The Polish Round Tools Company Fanar

Sandvik has signed an agreement to acquire the Polish company Fabryka Narzędzi FANAR S.A. (Fanar) a manufacturer of round tools. The company will be reported in Seco a division within the business area Sandvik Manufacturing and Machining Solutions. “We continue to execute on our growth strategy and this acquisition is an additional step to strengthen our round tools offering” says Stefan Widing President and CEO of Sandvik. The acquisition enhance...

Sandvik Levels Up Its Rotary Offering With The New Sandvik Rr240 Air Bearing Bit

Sandvik has combined the best features of its three previous air bearing bit designs to launch Sandvik RR240 with added improvements that extend bit life and improve productivity in rotary drilling. The new Sandvik RR240 air bearing bit features all the benefits of the previous Sandvik RR321 Sandvik RR221 and Sandvik RR222 rotary bits plus updated cutting structures and improved wear protection as well as the new PowerCarbide™ SH75 on selected mod...

Sandvik Partners With Pretivm For Brucejack Mine Battery Electric Trucks

Pretivm is investing in a fleet of Sandvik Z battery-electric haul trucks to replace its diesel truck fleet at its Brucejack underground gold mine in northwestern British Columbia Canada. Following a successful six-month trial during which a Sandvik Z50 proved to fit the production and sustainability needs of the 3800-tonne-per-day Brucejack operation Pretivm has selected Sandvik to supply seven Sandvik Z50 haul trucks with the option for an eight...

Sandvik Introduces A 16 Liter Stage V Engine For Its Largest Truck Toro Th663i

Sandvik has released a new engine option for its largest truck Toro TH663i. This fuel efficient 16-liter Stage V engine from Volvo Penta is powerful and reliable delivering 585 kW output. The engine and the truck have been designed to work together seamlessly for strong performance in underground mines. State-of-the-art technology for reduced emissions without sacrificing performance or fuel efficiency The Toro TH663i truck’s Stage V engine is des...