US EditionEIB Provides €500m to Sandvik for Advanced Mining Solutions
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EIB provides €500m to Sandvik for advanced mining solutions
The European Investment Bank (EIB) has agreed to provide a €500m ($576.19m) loan to Swedish engineering group Sandvik to support advanced research and development in automated, digital and sustainable mining solutions.The post EIB provides €500m to Sandvik for advanced mining solutions appeared first on Mining Technology.
Sweden: EIB backs Sandvik with €500 million for advanced mining and machining innovation - The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology - europeansting.com EIB News
(Credit: Unsplash) This article is published in association with European Investment Bank. EIB lends Sandvik €500 million to accelerate advanced research and development in mining, machining and digital innovation Project to strengthen Europe’s capabilities in advanced cutting technologies, battery-electric mining equipment, and digitalised and automated mining solutions Operation supports EU strategic priorities including TechEU, critical raw …
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