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BHP Group Limited ASX:BHP Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.21 -2.82% 41.71 41.23 41.40 42.34 41.58 42.30 14,442,299 09:50:01

Sandvik Gets SEK2 Billion Order From BHP for Canadian Project

16/02/2022 8:54am

Dow Jones News


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By Dominic Chopping

 

STOCKHOLM--Swedish engineering group Sandvik AB said Wednesday its mining-and-rock products unit has been awarded a two billion Swedish kronor ($213.3 million) contract from BHP Group Ltd. for underground-mining equipment and automation products at the Jansen Potash project in Saskatchewan, Canada.

Delivery of the equipment is expected to start in the third quarter of 2023 and will extend to 2026, the company said.

An order value of around SEK500 million will be reported in each of the first, second and fourth quarters of 2022, as well as in the second quarter of 2023, the company said.

The Jansen project is a potash-producing mine and is expected to operate for up to 100 years. Production is expected to start in 2027.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

February 16, 2022 03:39 ET (08:39 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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