Volvo Trucks, Boliden Join Forces To Deploy Electric Truck Transport For Mining

The Swedish mining group Boliden BDNNY is joining forces with Volvo Trucks, part of Volvo AB VLVLY Group, to implement electric truck transport in underground environments.
Boliden intends to start using battery-electric trucks for heavy underground transport starting in 2023. The electric trucks will have several advantages– no exhaust emissions, a safer workplace, and quieter working conditions.
Boliden is committed to reducing its CO2 emissions by 40% by 2030, and to achieve its climate goals, electrification of transport will play a critical role.
As per the agreement between Boliden and Volvo Trucks, two heavy, electric Volvo trucks will be used in Boliden's Kankberg mine, outside Skellefteå in northern Sweden.
"We see the collaboration with Volvo as a fantastic opportunity to push the electric technology forward and at the same time learn how to adapt our operations for a transition to fossil-free underground transport. A major benefit of the trucks is that they will contribute to a more sustainable mine, both in terms of emissions and also the working environment for our employees", commented Dennis Forslund, project manager at Boliden.
Price Action: BDNNY shares closed higher by 5.47% at $76.64 on Monday.
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