CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
Sandvik has signed contracts including 21 bolter miners with the Chinese company Shenhua Shendong. The value of the contracts exceeds 500 MSEK and delivery of the equipment is scheduled during 2012 and 2013.
Shenhua Shendong was the first coal mining house to achieve annual output of 100 million tons in China and achieved 200 million tons of coal in 2011 with mines located in the Shanxi province and Inner Mongolia. Shenhua Shendong is the biggest subsidiary of the Shenhua Group.
Sandvik Bolter Miners have a very strong performance record in Chinese coal mines and a strong safety record. Shenhua Shendong chose these products because of their, competitive offering of high productivity, long service life low total costs and good safety record.
“Sandvik already has 26 units of bolter miners in operation in Shenua Shendong’s sites, and another three units are currently in the process of being delivered. By 2013, the Sandvik bolter miner fleet in Shendong will comprise a total of 50 units. This demonstrates Sandvik´s capability to provide productive solutions to the coal industry in line with Sandvik Mining’s long term strategy”, says Gary Hughes, President Sandvik Mining.
