Volvo establishes dedicated mining entity

Volvo Group is creating a dedicated mining entity and plans to cell trucks, construction equipment and autonomous solutions to mining customers and contractors.

“Mining has been an important part of the Volvo Group for decades, but the industry’s growing significance calls for an even greater level of focus,” said Volvo CE president Melker Jernberg.

“With Volvo Mining as our centre of expertise, we are combining capabilities from across the Group to further enhance customer value in collaboration with our retail partners. This will create new opportunities to strengthen our position in a strategically important and growing segment.”

Initially, Volvo Mining will focus on Sweden, Norway and Finland before expanding into additional markets.

“Success in the mining industry is built over time. Customers make long-term investments and value trusted partners that combine high performance, operational expertise, and a deep understanding of their business,” said president Volvo Trucks Roger Alm.

“By creating one organisation focused solely on creating a world-class product and services portfolio for the mining industry, with an end-to-end perspective, we can better leverage the Volvo Group offer in a more seamless approach.”

Sils Jaeger, president Volvo Autonomous Solutions, added: “By combining our proven autonomous technology and operational experience with Volvo Group’s broader expertise, portfolio and customer relationships, we can provide integrated solutions that also deliver measurable value for mining customers – improving safety, productivity and efficiency across their operations”

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