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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 |
Swedish engineering company Sandvik AB (SAND.SK) Tuesday said it has signed a mining equipment deal worth in excess of SEK500 million ($73.6 million) with Chinese company Shenhua Shendong.
MAIN FACTS:
-The contract includes 21 bolter miners and delivery of the equipment is scheduled during 2012 and 2013.
-"Sandvik already has 26 units of bolter miners in operation in Shenhua Shendong's sites, and another three units are currently in the process of being delivered. By 2013, the Sandvik bolter miner fleet in Shendong will comprise a total of 50 units," Gary Hughes, President Sandvik Mining said in a statement.
-At 0913 GMT shares traded 0.3% higher at SEK97.15.
-By Katarina Gustafsson, Dow Jones Newswires +46-8-5451-3097; katarina.gustafsson@dowjones.com
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1 Month Sandvik AB (PK) Chart |
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