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Mining

AutoMine® concept underground drill in an underground mineA global leading supplier of equipment, and tools, parts, service, digital solutions and technologies that drive sustainability for the mining and infrastructure industries.

The focus lies on bringing value to customers through high-performing products that increase productivity and safety as well as to provide services and flexible maintenance programs that extend uptime and cut costs.

A fast-growing part of the business area's offering is solutions for automation and remote monitoring of equipment, which increases operational efficiency and process reliability. The mine automation systems cover all aspects of automation, from single equipment to full fleet control.

Business area President: Mats Eriksson

Key figures 2025

Revenues
62,971 million SEK
Adjusted operating profit (EBITA)
13,045 million SEK
Employees
19,395

  • Strategic priorities

    • Advance our leading position in underground
    • Grow the aftermarket business
    • Strategic growth areas:
      • Surface drilling
      • Automation and mining software and technology
      • Electrification

  • Market position, solutions and capabilities

    Market-leading position with underground trucks and loaders and drill rigs, surface drilling and mechanical cutting. Strong aftermarket business, including parts and services, ground support, rock tools and end-to-end digital solutions.

  • Divisions

    • Digital Mining Technologies
    • Ground Support
    • Load and Haul
    • Mechanical Cutting
    • Parts and Services
    • Rock Tools
    • Rotary Drilling
    • Surface Drilling
    • Underground Drilling

  • Brands

    Sandvik®, Deswik®, Inrock®, Tricon®, Terelion®, LGMRT®, Velroq®

  • Competitors

    Mining

    Mainly global competitors such as Epiroc, Caterpillar and Komatsu Mining.

    Infrastructure

    Some global competitors present in several niches: Epiroc, Caterpillar and Furukawa. Many local players.

2019–2025 target

Revenue growth (CAGR)

10 %

Outcome:

10 %

2025–2030 targets

Revenue growth (CAGR):

8 %

Adjusted EBITA range

20% – 22%

Related products and solutions

AutoMine® concept loader in an underground mine
Sustainable mining solutions
Our automation, digitalization and electrification solutions help mines run safer, more efficient and more sustainable operations.
A Sandvik truck and loader in a quarry
Mining and infrastructure equipment and tools
We offer a complete range of equipment and tools, services and technical solutions for the mining and infrastructure industries.

More information in the Annual Report

You can read more about business area Mining in our Annual Report.

Go to the Annual Report

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