Epiroc expects stable post-COVID-19 demand
Swedish mining equipment maker Epiroc has projected stable post-pandemic demand, citing positive customer sentiment towards its equipment and autonomous solutions in the mining sector during the first quarter of 2021. Orders received rose 9% to SK10.6 billion (US$1.2 billion), an organic increase of 21%. Meanwhile, revenues fell 4% to SK8.7 billion (US$1 billion), but this represented an organic increase of 6%. The company in March purchased Meglab, a Canadian company with expertise in providing electrification infrastructure solutions to the mining industry. In April it also announced the acquisition of DandA Heavy…
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