Sandvik to supply underground BEV fleet to Hindustan Zinc, one of the world's largest integrated producers of zinc

Rhea-AI Summary

Sandvik and Hindustan Zinc have entered a Memorandum of Understanding for supplying a battery-electric underground equipment fleet at the Sindesar Khurd Mine. Deliveries will begin in Q1 2023, marking the first deployment of such a fleet in India. The equipment includes a LH518B loader, three TH550B trucks, and a DD422iE drill rig. These vehicles will utilize Sandvik's unique charging technology and are designed to enhance productivity by up to 20%. This collaboration underscores Sandvik's commitment to battery-electric vehicle expansion and Hindustan Zinc's carbon neutrality goals.

Positive

• First battery-electric underground equipment fleet to be deployed in India.
• Collaboration supports Hindustan Zinc's carbon neutrality ambitions.
• Expected productivity improvements of up to 20% with new equipment.
• Incorporation of unique technologies like 'charging-while-drilling' and AutoSwap system.

Negative

• None.

SANDVIKEN, Sweden, May 2, 2022 /PRNewswire/ -- Sandvik and Hindustan Zinc have signed a Memorandum of Understanding for supply of a battery-electric underground equipment fleet to be used at Sindesar Khurd Mine to help it achieve its carbon neutrality ambitions. Deliveries are scheduled to begin in the first quarter 2023, and it will be the first underground BEV fleet deployed in India.

The equipment to be delivered includes a LH518B loader and three TH550B trucks as well as a DD422iE drill rig with Sandvik's unique and patented "charging-while-drilling" technology. Sandvik will also provide batteries, charging systems and a full-range on-site battery and equipment service team. The loader and the trucks will be equipped with AutoSwap, Sandvik's patented battery self-swapping system, capable of battery changeout in a few minutes.

"Aligned with our expansion strategy for battery-electric vehicles, I'm delighted to sign this agreement with Hindustan Zinc to deliver the first battery equipment fleet in India. This is a testament to both the pioneering ambitions of Hindustan Zinc and the technological maturity of Sandvik BEV products," says Henrik Ager, President of business area Sandvik Mining and Rock Solutions.

The TH550B truck and LH518B loader are based on the Artisan™ technology, which Sandvik acquired in 2019, and enriched with the latest Sandvik mining technology, contributing to overall productivity improvements of up to 20%. The machines will be equipped with state-of-the-art battery telemetry solutions enabling automated, on-premise as well as remote health and performance monitoring.

The Artisan™ driveline and battery solutions have been field tested with more than half a million operating hours.

Sandvik AB

For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008.

 

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Sandvik to supply underground BEV fleet to Hindustan Zinc, one of the world’s largest integrated producers of zinc

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SOURCE Sandvik

FAQ

What is the significance of the Sandvik and Hindustan Zinc agreement?

The agreement is significant as it marks the first deployment of a battery-electric underground equipment fleet in India, aiming to enhance sustainability in mining operations.

When will Sandvik start delivering equipment to Hindustan Zinc?

Sandvik will begin delivering the battery-electric equipment in the first quarter of 2023.

What types of equipment will Sandvik supply to Hindustan Zinc?

Sandvik will supply a LH518B loader, three TH550B trucks, and a DD422iE drill rig equipped with advanced technology.

How much productivity improvement is expected from Sandvik's new equipment?

The new equipment is expected to contribute to productivity improvements of up to 20%.