Sandvik (OTCPK:SDVKY) received an order from Mongolyn Alt MAK to supply electric rotary drill rigs for use at the Tsagaan Suvarga Project in Mongolia.
The order is valued at ~SEK 170M and was booked in Q1 2024.
The order includes five cable-electric DR410iE drills, with deliveries scheduled to begin in Q2 2024 and concluded by the Q4 2025.