Atlas Copco and Rio Tinto to explore advanced tunneling equipment for deep underground mines
Stockholm, Sweden, February 24, 2010: Atlas Copco has been selected by Rio Tinto to develop one of two rapid tunneling concepts for underground block cave projects. The new machine will enable fast and cost-effective construction of mines which are safe, productive and have a minimal impact on the environment.
For further information please contact:
Björn Rosengren, Business Area President, Construction and Mining Technique
+46 (0)8 743 8314 or +46 (0)70 417 8502
Daniel Frykholm, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.
Atlas Copco is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems. The Group delivers sustainable solutions for increased customer productivity through innovative products and services. Founded 1873, the company is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2009, Atlas Copco had about 30 000 employees and revenues of BSEK 64 (BEUR 6.0). Learn more at
www.atlascopco.com.
Atlas Copco’s Construction and Mining Technique business area develops, manufactures, markets and services rock drilling tools, construction and demolition tools, drill rigs and equipment. It innovates for superior productivity in surface and underground rock excavation, exploration drilling, rock reinforcement, ground engineering, water well, oil and gas drilling, and compaction and paving equipmentworldwide. The business area has its principal product development and main manufacturing units in Sweden and the United States.