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SDVKY Sandvik AB (PK)

20.19
0.09 (0.45%)
30 Jul 2024 - Closed
Delayed by 15 minutes
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

Sandvik Signs Mining Deal in South Africa

02/01/2013 2:45pm

Dow Jones News


Sandvik AB (PK) (USOTC:SDVKY)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Sandvik AB (PK) Charts.
   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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