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Name | Symbol | Market | Type |
---|---|---|---|
Sandvik AB (PK) | USOTC:SDVKY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.09 | 0.45% | 20.19 | 20.10 | 20.25 | 20.24 | 20.11 | 20.126 | 88,676 | 21:00:24 |
By Katarina Gustafsson
STOCKHOLM--Swedish engineering group Sandvik AB (SAND.SK) said Wednesday its mining unit signed a SEK650 million ($100 million) deal with Sasol Mining (Pty) Ltd. for the Shondoni Mine Materials Handling project in South Africa.
MAIN FACTS:
-The order includes the supply of material handling systems, both underground and surface, for a new coal mine.
-The contract, signed at the end of last month, will contribute to Sandvik Mining's business from 2013 until 2015.
-The order includes design, procurement and construction.
-At 1408 GMT, Sandvik's shares were 1.5% higher at SEK105.00.
Write to Katarina Gustafsson at katarina.gustafsson@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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