FLEETS

Sandvik reports 5% fall in mining orders in Q3

Sandvik reported headwinds in the mining sector in its latest quarterly results, with total order intake experiencing a 5% decline from SEK 15.4 billion (US1.46 billion) to SEK 14.7 billion.

Sandvik reports 5% fall in mining orders in Q3

This contrasted with the first three quarters of the year, which saw positive growth of 5%, rising from SEK 46.7 billion to SEK 48.9 billion. Revenues saw an 11% increase from SEK 15 billion to SEK...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions