Sandvik lands €500M loan from EIB

UNDERGROUND

EU funding will help finance Sandvik’s R&D for “next-generation” mining technology

EIB headquarters in Luxembourg | Credits: Oscar Romero / EIB

The European Investment Bank (EIB) announced yesterday that it will lend Sandvik €500 million to advance the Swedish original equipment manufacturer’s (OEM) research and development (R&D) programme. …

Start a free trial to continue reading this article

Already have an account? Sign in here

The definitive guide to mining operations and excellence.

Established in 1909 by Herbert Hoover, Mining Magazine provides comprehensive technical insight into mining operations. It aims to inform and support mine management in decision-making regarding mining techniques, technologies, workforce, logistics, and supply chains.

Subscribe now

Get the Mining Magazine Newsletter delivered free each day

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions