Sandvik Mining and Construction has signed a major materials handling contract with a major mining company in Latin America. The contract value exceeds SEK1,200 million and will be executed and contribute to SMC business during the years 2011 until 2013. The start of the operation is scheduled for 2013. The order includes design and supply of a long distance belt conveyor system, for downhill transportation, with designed capacity of 19,200 t/h of iron ore. “The importance and complexity of the system and the impressive performance data demonstrate Sandvik Mining and Construction´s capability to provide high-tech solutions in the area of bulk materials handling systems for mining applications”, says Lars Josefsson, President of the Sandvik Mining and Construction business area.