Viscaria signs strategic supply and service agreement with Sandvik
Gruvaktiebolaget Viscaria has entered into a long-term partnership agreement with Sandvik concerning the underground production fleet for the Viscaria mine in Kiruna. The agreement covers mining equipment, rock drilling tools, digital and automated solutions, as well as associated service and support offerings, and forms an important part of the preparations ahead of production.
A key element of the agreement is Sandvik’s establishment of a dedicated service organisation at Viscaria to support the operation of the underground production fleet. Deliveries will be made progressively as the project advances.
"We are very pleased to deepen our cooperation with Sandvik,” said Jörgen Olsson, CEO of Gruvaktiebolaget Viscaria. “The agreement gives us access to modern equipment, digital solutions and a dedicated service organisation that will support the development of the Viscaria mine before the start of production.”
“Successful mining projects are built on strong partnerships long before the first tonne of ore is produced, and we have been working alongside the Viscaria team since 2020,” said Patrick Murphy, President of Mining at Sandvik. “Viscaria represents exactly the kind of forward-looking project where early collaboration creates long-term value. We look forward to delivering our leading equipment, rock tools and automation solutions, backed by lifecycle services, to help Viscaria unlock the untapped potential of this historic mine.”
For further information, please contact:
Jörgen Olsson, CEO
Mobile: +46 (0) 703 – 420 570
Email: jorgen.olsson@viscaria.com
Karin Svensson, Head of Communications
Mobile: +46 (0) 761 – 169 190
Email: karin.svensson@viscaria.com
info@viscaria.com or www.viscaria.com
About Viscaria
Gruvaktiebolaget Viscaria is a company that is scaling up to become a modern and responsible producing mining company through the reopening of the Viscaria mine in Kiruna. The deposit's high copper grade, assessed mineral resources, geographical location and growing team of experienced employees provide good conditions for the company to become an important supplier of high-quality and responsibly produced copper - a metal that has a central role in Sweden's and Europe's climate transition. In addition to the Viscaria mine, the company holds a number of processing concessions and exploration permits in Arvidsjaur (Eva, Svartliden, Granliden) and Smedjebacken (Tvistbogruvan) - all in Sweden. The Parent Company's shares are listed on Nasdaq Stockholm Main Market (ticker VISC).