Volvo Group creates Volvo Mining, a dedicated unit for mining customers
Volvo Group is setting up a dedicated mining entity, Volvo Mining, to bring its trucks, construction equipment and autonomous solutions for mining customers under one business structure. The unit launches on January 1, 2027, and will be hosted within Volvo Construction Equipment (Volvo CE).
- Volvo Group is creating Volvo Mining, launching on January 1, 2027 and hosted within Volvo CE.
- The entity will sell Volvo trucks, construction equipment and autonomous solutions to mining customers and their contractors.
- It will start in Sweden, Norway and Finland, with phased expansion into more markets planned.
- Per-Erik Lindström, currently Senior Vice President Volvo Trucks International, becomes Head of Volvo Mining.
- Volvo Mining will have dedicated financial resources and coordinate mining-related research projects across the Group.
One structure for trucks, machines and autonomy
According to Volvo Group, Volvo Mining aims to combine the Group's capabilities, expertise and offer for mining customers in a single, integrated business. The plan is that the new entity will sell Volvo trucks, construction equipment and autonomous solutions to mining customers and their contractors.
The company says mining is entering a new phase of growth and transformation, and that Volvo Mining will provide the focus needed to help customers meet increased demand for productivity, safety and resilience.
Backed by dedicated financial resources, Volvo Mining will drive product and service portfolio management for the Group's mining segment globally. It will also take on a coordinating role in the various research projects across the Group.
Nordic start, with expansion planned
Initially, Volvo Mining will focus on mining customers and contractors in Sweden, Norway and Finland. Volvo Group states an ambition for phased expansion into additional markets, but the release names no further countries or timeline.
The unit will work together with the Group's retail partners. Melker Jernberg, President of Volvo CE, said: "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."
Per-Erik Lindström, currently Senior Vice President Volvo Trucks International, has been appointed Head of Volvo Mining, effective January 1 2027.
Why integration matters in mining
The release points out that mining operations need several types of machines and vehicles working together across excavation, hauling, loading and transportation, often in demanding and remote conditions. As mines work to improve productivity, reduce emissions and enhance safety, the need for integrated solutions is increasing, according to Volvo.
Roger Alm, President Volvo Trucks, said that customers make long-term investments and value trusted partners. By having one organization focused solely on the mining portfolio, he said, "we can better leverage the Volvo Group offer in a more seamless approach".
Nils Jaeger, President Volvo Autonomous Solutions, said that combining the unit's autonomous technology and operational experience with the Group's wider portfolio and customer relationships can deliver integrated solutions that improve "safety, productivity and efficiency" across customers' operations.
What it means for mining customers
For mining operators and their contractors in Sweden, Norway and Finland, the change means a single Volvo organization responsible for the mining offer across trucks, construction equipment and autonomous solutions. Customers elsewhere will have to wait for the phased expansion Volvo describes.
Lindström said the goal is to be "a long-term partner" in the industry's transformation. The release gives no financial figures, product launches or customer commitments tied to the new entity.
