SANDVIK CELEBRATES INAUGURATION OF NEW LOAD AND HAUL FACTORY IN MALAYSIA

(left to right): Mr. VO Kataja, Managing Director, Sandvik Equipment Sdn. Bhd. , H.E Sami Leino, Ambassador of Finland to Malaysia & Brunei , H.E Dr. Joachim Bergstrom, Ambassador of Sweden to Malaysia , Mr. Mats Eriksson, President, Sandvik Mining & Rock Solutions, YAB Dato' Seri Utama Hj.Aminuddin Harun, Chief Minister of Negeri Sembilan, YB Dato' Mohd Zafir Ibrahim, State Secretary of Negeri Sembilan, Mr. Sikh Shamsul Ibrahim, Chief Executive Officer MIDA, YBhg. Dato' Hj Najmuddin Sharif, Chief Executive Officer Invest Negeri Sembilan, Mr. Petri Liljaranta, Director of Supply, Load & Haul Division, Sandvik Mining & Rock Solutions

SEREMBAN, Negeri Sembilan, May 15 (Bernama) -- Sandvik announces the inauguration of its new production unit in Malaysia dedicated to manufacturing underground load and haul equipment. This expansion marks a significant milestone for the Sandvik Load & Haul division, operating within the Sandvik Mining and Rock Solutions Business Area.

Located in Seremban, Negeri Sembilan, the new assembly production facility signifies a major advancement in the underground mining equipment sector. Its primary objectives include supporting the assembly production of all Sandvik load and haul underground loaders and trucks, including battery electrical vehicles (BEVs), and establishing a robust supplier network within the region.

Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, the Chief Executive Officer of the Malaysian Invest Development Authority (MIDA), applauded Sandvik for its pioneering efforts in Malaysia, stating, "Sandvik’s journey to become a global leader in providing top-of-the-line equipment, tools, and digital solutions for the mining and construction sectors embodies the essence of perseverance, ingenuity, and determination. The initiative to transition from diesel-powered equipment to battery- electric vehicles (BEVs) and pave the path toward a fossil-free future is well exemplified by the establishment of this new facility in the Sendayan TechValley Industrial Park."

"At MIDA, we will continue to partner with leading companies like Sandvik to anchor high-value-added manufacturing, adopt advanced manufacturing technologies, and equip our talent with the requisite skillset," he added.

Sandvik's commitment to delivering maximum value in sustainability, performance, quality, safety, flexibility, and total economy is evident in this endeavor.

The inaugural machine assembled in Malaysia at the new factory is the Toro™ LH517i loader, with production expected to ramp up over the coming year. Additionally, the facility will commence the production of Toro™ TH545i trucks later in the year, as part of a cross-manufacturing plan. Production volume allocation among existing factories will be based on machine specification, sales area distribution, and production capacity. Battery product manufacturing is slated to begin by Q3 2024, with BEV unit assembly scheduled for 2025, aligning with future electrification goals.

Patricio Apablaza, President of Sandvik Mining and Rock Solutions’ Load and Haul division, emphasized the significance of the Seremban facility, highlighting its role in ensuring flexible manufacturing of both conventional diesel and battery-electric loaders and trucks, while adhering to Sandvik's stringent standards for sustainability, quality, and safety. This initiative aims to reduce lead times for mining customers in the Asia Pacific region.

Spanning over 8,000 square meters, the new facility is situated in the Sendayan Techvalley Industrial Park, strategically positioned approximately 70 kilometres south of the Malaysian capital Kuala Lumpur and 15 kilometres west of the state capital Seremban. The factory comprises 15 versatile assembly cells.

About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

Sandvik Group

Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world- leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2023 the Group had approximately 41,000 employees and revenues of about 127 billion SEK in about 170 countries within continuing operations.

Sandvik Mining and Rock Solutions

Sandvik Mining and Rock Solutions is a business area within the Sandvik Group and a global leading supplier of equipment and tools, parts, service, digital solutions and sustainability-driving technologies for the mining and construction industries. Application areas include rock drilling, rock cutting, loading and hauling, tunneling and quarrying. In 2023, sales were approximately 66 billion SEK with about 17,000 employees.

SOURCE: Malaysian Investment Development Authority (MIDA)

FOR MORE INFORMATION, PLEASE CONTACT:

MIDA

Name: Ms. Zakiah Sajidan

Director, Machinery & Metal Technology Division, MIDA

Tel: +603-2267 6769

Email: zakiah@mida.gov.my

Sandvik Mining and Rock Solutions

Name: VO Kataja

General Manager and Managing Director

Seremban Production Unit,Load and Haul Division

Sandvik Mining and Rock Solutions Business Area