Volvo Group establishes dedicated global mining business

Volvo Group has announced that it will create a dedicated mining business with a focus on strengthening its position in the global mining industry. 

Volvo Mining will bring together the group's capabilities, expertise, and offerings for mining operators under a single, integrated business structure. The business will sell Volvo trucks, construction equipment, and autonomous solutions to mining customers and their contractors with a focus on productivity, safety, and resilience. The entity will launch on January 1, 2027. 

"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 centre 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.

Volvo Mining will focus on customers close to home 

Initially, Volvo Mining will focus on mining customers and contractors in Sweden, Norway, and Finland, with plans to expand into additional markets. The Nordic countries have a large and vital mining sector, with Sweden at the head of metal and mineral production. 

Mining operations require multiple types of machines and vehicles to work together across excavation, hauling, loading, and transportation in demanding and often remote conditions. As mines continue to focus on improving productivity, reducing emissions, and enhancing safety, the need for integrated solutions is growing.

"Success in the mining industry is built over time. Customers make long-term investments and value trusted partners that combine high performance, operational expertise, and a deep understanding of their business. By creating one organization focused solely on creating a world-class product and services portfolio for the mining industry, with an end-to-end perspective, we can better leverage the Volvo Group offer in a more seamless approach", says Roger Alm, president of Volvo Trucks.

"By combining our proven autonomous technology and operational experience with Volvo Group's broader expertise, portfolio, and customer relationships, we can provide integrated solutions that also deliver measurable value for mining customers — improving safety, productivity, and efficiency across their operations", says Nils Jaeger, president of Volvo Autonomous Solutions.

Volvo Trucks International SVP to take over as head of Mining 

Per-Erik Lindström, currently senior vice president of Volvo Trucks International, has been appointed head of Volvo Mining, effective January 1, 2027.

"As the mining industry evolves, customers are looking for partners who can help them improve productivity, strengthen safety, and meet growing sustainability expectations. Our goal is to be a long-term partner in that transformation, helping customers create greater value through the combined strengths of Volvo Group. I look forward to working closely with customers and partners as we build this next chapter together," says Per-Erik Lindström.