PROCESSING

Sandvik reveals tools app and India acquisition

Swedish mining engineering firm Sandvik has launched a new app designed to improve rock tool performance, and in the same week agreed to acquire Indian steel cutting business Miranda Tools.

 App is designed to help customers improve their rock tool performance

App is designed to help customers improve their rock tool performance

The company's new app, called 'My Rock Tools - Analyze' aims to conduct failure and discard analysis on rock tools, to help users determine the root cause of any problems.

"With My Rock Tools Analyze, customers can ultimately increase productivity and profitability by using the analysis results to improve their drilling operations" said Charles Macfadyen, Digital Solutions, Rock Tools Division, Sandvik Mining and Rock Technology.

The app launch comes just days after Dormer Pramet, a division within Sandvik Machining Solutions, confirmed that it will acquire the entire business of Miranda Tools.

"I am very pleased that we have reached an agreement to acquire the business of Miranda Tools, which will further enhance Dormer Pramet's position as one of the leading suppliers of cutting tools for the general engineering and component manufacturing industries," says Stefan Steenstrup, President of Dormer Pramet.

"This also strengthens our position in the Indian and wider Asian markets, supporting a vast array of small to medium-sized workshops, which rely heavily on HSS cutting tools," added Steenstrup.

Gujarat-based Miranda, which employs more than 580 people, offers a varied product portfolio including drills, taps, milling cutters tool bits and saws. 

 

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 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

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalog of 2022 Initial Resource Estimates and recent discovery successes.