Sandvik Lauded by Frost & Sullivan for Enabling Automation and Digitalization in Underground and Surface Mining with its AutoMine® and OptiMine® Portfolio

AutoMine® and OptiMine® support mining operations through increased fleet utilization and productivity,enhanced safety and working conditions,and decreased maintenance costs

LONDON,Jan. 13,2021 -- Based on its recent analysis of the global autonomous mining solutions market,Frost & Sullivan recognizes Sandvik Group with the 2020 Global Product Leadership Award for its advanced automation,teleoperation and mining optimization solutions portfolio,AutoMine® and OptiMine®. Sandvik is the only mining equipment and solutions company that was awarded in our 2020 Class of Top 50 Digital Best-practitioners across the Industrial and Energy Space.

2020 Global Autonomous Mining Solutions Product Leadership Award

The AutoMine® product portfolio comprises AutoMine® Underground and AutoMine® Surface Drilling solutions,enabling customers to scale up mining automation at their own pace. The AutoMine® Underground product family includes the sub-products AutoMine® Tele-Remote,AutoMine® Lite,AutoMine® Multi-Lite,and AutoMine® Fleet. The AutoMine® Tele-Remote offers a significant advantage over peer solutions in being easy to install,operate,and manage. Similarly,the AutoMine® Lite and AutoMine® Multi-Lite offer added advantages by handling repeated tasks autonomously in applications like sub-level open stopping,caving,and transfer levels. AutoMine® Fleet is an advance high-end solution for mass-mining and truck haulage with automated mission control and fleet traffic control. Overall,the offering improves fleet utilization,ensuring constant performance improvements and optimum workforce usage.

"AutoMine® can be easily adapted to various mining applications ranging from small operations to large block caving operations. Designed to interface with third-party IT systems at the mining site,AutoMine® enables customers to use their existing IT infrastructure," said Rohit KarthikeyanIndustry Analyst. "Sandvik's loaders and trucks autonomously travel between the load and dump points under the control of a supervisory system that manages equipment traffic and monitoring. Its smart functionalities and intelligent capabilities reduce the potential for damage and save significant costs."AutoMine® Surface Drilling is an automation solution available for a wide range of Sandvik's iSeries drill rigs. Competitors' solutions enable the remote control of drill rigs within a short range of the mining field. In comparison,AutoMine® Surface Drilling allows an operator to locate at the site or a control room miles away in another city and still manage multiple drill rigs with the same efficiency.This helps the operator avoid exposure to noise,dust,and vibration caused by hazardous drilling environments," said Karthikeyan.

Furthermore,Sandvik offers OptiMine®,a comprehensive suite of software platform solutions to analyze and optimize underground mining processes. The OptiMine® platform integrates all equipment and workforce,including non-Sandvik assets,and provides tools for operations management as well as descriptive and predictive insights to enhance mining operations. OptiMine® is based on an open system architecture,which enables seamless data integration between different mining equipment from various vendors. OptiMine® is integrated with Newtrax's IoT devices,a suite of purpose-built devices that automatically collect real-time data and send it to the OptiMine® platform for further analysis. The OptiMine® platform is scalable,giving customers the flexibility to integrate a full range of equipment,systems,and networks.

"In 2019,Sandvik accelerated its growth in the digitization segment by acquiring the US-based Artisan Vehicle Systems,a leading provider of battery-powered electric mining vehicles. This acquisition allowed it to own the world's largest electric vehicle fleet in underground mines. The same year,it acquired the Canada-based Newtrax,a leading mining IoT-device manufacturer and underground mining safety solution supplier,to strengthen its OptiMine® software platform," noted Karthikeyan. "These technologies and acquisitions have endowed Sandvik with the most comprehensive offering for process optimization and analytics,making it the undisputed product leader in the global market."

Each year,Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid market acceptance. The award recognizes the quality of the solution and the customer value enhancements it enables.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership,technological innovation,customer service,and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews,analysis,and extensive secondary research to identify best practices in the industry.

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Contact:

Harley Gadomski

P: 12104778469

E: harley.gadomski@frost.com

About Sandvik Group

Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity,profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools,service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2019,the Group had approximately 40,000 employees and revenues of about 100 billion SEK in more than 160 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 and technical solutions for the mining and construction industries. Application areas include rock drilling,rock cutting,loading and hauling,tunneling and quarrying. In 2019,sales were approximately37billion SEK with about 12,500 employees within continuing operations.

Contact:

Riku Pulli

President,Rock Drills and Technologies Division,

Sandvik Mining and Rock Technology

tel:+358407519040

e-mail:riku.pulli@sandvik.com

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