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Atlas Copco awarded large mining order in South Africa

April 19, 2012

Stockholm, Sweden, April 19, 2012: Atlas Copco has received one of its largest orders ever in South Africa, to deliver Pit Viper 351 blasthole drilling rigs for a value of around MSEK 250 to Kumba Iron Ore, a unit of Anglo American.

The equipment will be supplied to the Sishen Mine in Kathu, northwest South Africa. The units are scheduled to be delivered from July 2012, and the last unit should be introduced into productivity in March 2013. The order was received during the first quarter.

Atlas Copco was recently identified by Anglo American as one of two preferred suppliers of surface drills with a drill diameter bigger than 165 mm. Sishen, one of the seven largest open-pit mines in the world, already has an existing fleet of ten Pit Viper 351s.

“We are proud to have been chosen as a strategic long-term partner to Anglo American and we look forward to building the relationship further in the future,” says Bob Fassl, Business Area President, Atlas Copco Mining and Rock Excavation Technique. “The Pit Viper 351 has a good reputation among our customers and we see great interest in this product from mining companies around the world."

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Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2011, Atlas Copco had 37 500 employees and revenues of BSEK 81 (BEUR 9).

Atlas Copco’s Mining and Rock Excavation Technique business area provides equipment for drilling and rock excavation, a complete range of related consumables and service through a global network. The business area innovates for sustainable productivity in surface and underground mining, infrastructure, civil works, well drilling and geotechnical applications. Principal product development and manufacturing units are located in Sweden, the United States, Canada, China and India.

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