Volvo Group is creating a dedicated mining entity to strengthen its position in the global mining industry. Volvo Mining aims to bring together the Group's capabilities, expertise, and offer for mining customers under a single, integrated business structure. The plan is that Volvo Mining will sell Volvo trucks, construction equipment and autonomous solutions to mining customers and their contractors.
As mining enters a new phase of growth and transformation, Volvo Mining will provide the focus needed to help customers meet increased demand for productivity, safety and resilience. The new entity will be launched on January 1, 2027 and hosted within Volvo Construction Equipment (Volvo CE).
“Mining has been an important part of the Volvo Group for decades, but the industry's growing significance calls for an even greater level of focus. With Volvo Mining as our center of expertise, we are combining capabilities from across the Group to further enhance customer value in collaboration with our retail partners. This will create new opportunities to strengthen our position in a strategically important and growing segment”, says Melker Jernberg, President of Volvo CE. (....)