Atlas Copco’s shares fell 9 percent at 1149 GMT, dragging Nordic industrial peers such as Sandvik and SKF lower, and also hitting German vacuum gear rival Pfeiffer Vacuum.
Atlas Copco Mining News
After successful joint R&D efforts between Atlas Copco and Hecla Mining Company, the first order of Mobile Miner 40V was recently received. The machine will be delivered to the Lucky Friday mine in Idaho, USA.
The Swedish firm is fine-tuning details for a group split that will see its mining, infrastructure and natural resources business trade as a new company in 2018.
The OSC range of condensate separators for compressed air systems from global quality compressed air technology, equipment and systems specialist, Atlas Copco Compressor Technique, delivers high performance, versatility and low maintenance.
Atlas Copco has signed a letter of intent with the defense and security company Saab and its subsidiary, the technology consultancy Combitech.
The Swedish mining equipment maker is acquiring a 34% stake in Mobilaris MCE, which provides software to optimize underground operations.
Dynamic tunneling package is a new automation software for face drilling rigs, which gives improved accuracy of the excavation thanks to the fact that drill plans always will be fitted for the current section.
The Swedish company plans to list its mining tools division by 2018 in the biggest-ever shakeup of the group, which could spark takeover interest.
Resistance to change.
Atlas Copco has just introduced the PV 275 CA, which is a fully autonomous and cab-less Pit Viper 275 blasthole drill.
Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.
Existing mines that want to go deeper are looking at the newest in battery technology.
$50 million in savings.
Atlas Copco launches its first battery driven product within the mining and underground segment.
“It’s all about making it easier to find the right setup that will result in high loading capacity and cost efficiency.”
Atlas Copco is simultaneously launching not one but four new Simba drill rigs for the mining industry. The collective result is outstanding accuracy, versatility and flexibility for long hole drilling applications.
Swedish mining equipment manufacturer Atlas Copco has received one of its biggest ever orders from the world's largest primary silver miner.
Canadian exploration drilling companies are beginning to see light at the end of the recessionary tunnel, with one reporting increased fourth-quarter earnings and another claiming to have weathered the economic downturn.
Atlas Copco's smallest hydraulic surface drill rig is ideal for applications such as self drilling anchors, bolting holes and boulder blasting. It has a horizontal coverage area of more than 18 m2. It can […]