Glencore signed up for $249m Sandvik deal

Sandvik has revealed details of a $249 million deal to supply machinery including drills, loaders and trucks for Glencore Queensland Metals operations over six years. A Sandvik DD421 development drill supplied last month was the first piece of equipment under the deal, which covers Glencore’s underground mobile mining equipment and aftermarket parts. Sandvik Mining and Rock Technology global account manager for Glencore, Tim Redmond, said the deal – signed in June – came after more than a year of negotiations and followed Glencore is...