VOLVO Group has announced it is creating a dedicated mining entity.
Due to launch at the start of 2027, 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 said the entity – which will be hosted within Volvo Construction Equipment – will provide the focus needed to help customers meet increased demand for productivity, safety and resilience.
“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,” said Melker Jernberg, president of Volvo CE. “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.”
The manufacturer added that Volvo Mining will drive product and service portfolio management for the group’s mining segment globally and take on a coordinating role in the various research projects across the business.
Initially, Volvo Mining will focus on mining customers and contractors in Sweden, Norway and Finland, with the ambition for phased expansion into additional markets.
“Success in the mining industry is built over time,” added Roger Alm, president Volvo Trucks. “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 organisation 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.”
Mining operations require multiple types of machines and vehicles working 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, Volvo explained that the need for integrated solutions is increasing.
Per-Erik Lindström, currently senior VP Volvo Trucks International, has been appointed head of Volvo Mining, effective January 1 2027.
He said, “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.”
