Swedish engineering group Sandvik is establishing a new production site in Malaysia to manufacture underground loaders and trucks in a bid to meet demand for battery-electric vehicles in the mining industry, it said. the company in a press release.
Equipment production is expected to start in the fourth quarter of 2023 following its factory upgrade as well as other site improvements, and investment for this fiscal year is expected to total SEK 350 million (RM 148 million) over the course of 2023. for the next three years, he said. .
According International mining, the facility is located in the Sendayan TechValley Business Park in Sendayan, Negeri Sembilan, and the new factory will span over 8,000 m² and include 15 multi-purpose assembly bays. This will support the manufacture of all models of Sandvik loading and transport equipment and is independent of existing supply chains, the website quoted Sandvik as saying.
The new plant will primarily focus on battery electric vehicles for mining applications, but the plant will also manufacture conventional chargers and trucks, as well as battery cages, the company said in its statement.
“Malaysia is one of the most technologically developed countries in Southeast Asia and has an abundant skilled labor force, strong local industrial suppliers and reliable infrastructure. Our mining customers in Asia-Pacific will benefit from faster delivery times for equipment manufactured to the same Sandvik quality and safety standards,” said Sandvik President Mats Eriksson.
“The demand for our loaders and trucks exceeds our current production capacity at our existing plants. The establishment of our new production facility in Malaysia will enable flexible manufacturing of conventional diesel and battery electric mining equipment,” said Patricio Apablaza, President of Sandvik’s Loading and Hauling Division.
On the passenger vehicle front, Sendayan is also home to the Daihatsu Perodua engine manufacturing plantwhich was officially inaugurated in November 2016. It is adjacent to the Akashi Kikai Transmission Factory which was officially inaugurated in June 2015.
