NewswireToday - /newswire/ -
Stockholm, Sweden, 2010/09/16 - Atlas Copco Central Asia, LLC, Kazakhstan, has received a mining equipment order from Kazakhmys Group, valued MSEK 243 (MUSD 34). The order is one of the largest ever for Atlas Copco’s Construction and Mining Technique business area.
The order is for underground equipment; drill rigs, loaders and trucks. The equipment will be used in three different mines in the Zhezkazgan area in Kazakhstan.
“We have increased our presence in the mining industry in Kazakhstan - both underground and in surface mining - over the past two years,” says Björn Rosengren, Business Area President of Atlas Copco Construction & Mining Technique. “This order is a clear sign of the strong relationship we have built with Kazakhmys during this time.”
The Zhezkazgan complex is an important area of Kazakhmys Group, an international natural resources company, listed in the UK and Kazakhstan. Kazakhmys Group has its principal operations in Kazakhstan and the surrounding region. Kazakhmys is the largest copper producer in Kazakhstan and in the top ten worldwide.
Delivery will start in the fourth quarter, 2010.
For further information please contact:
Björn Rosengren, Business Area President, Construction and Mining Technique
T:+46 (0)8 743 8314 or +46 (0)70 417 8502
Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.
Atlas Copco (atlascopco.com) is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems. The Group delivers sustainable solutions for increased customer productivity through innovative products and services. Founded 1873, the company is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2009, Atlas Copco had about 30 000 employees and revenues of BSEK 64 (BEUR 6.0).
Atlas Copco’s Construction and Mining Technique business area develops, manufactures, markets and services rock drilling tools, construction and demolition tools, mobile crushers and screeners, drill rigs and equipment. It innovates for superior productivity in surface and underground rock excavation, exploration drilling, rock reinforcement, ground engineering, water well, oil and gas drilling, and compaction and paving equipment worldwide. The business area has its principal product development and main manufacturing units in Sweden and the United States.