Volvo Group will establish a dedicated mining business from 1 January 2027, bringing trucks, construction equipment and autonomous solutions together under an integrated structure for mining customers and their contractors.
The new entity, Volvo Mining, will sit within Volvo Construction Equipment (Volvo CE) and initially focus on Sweden, Norway and Finland, with phased expansion into additional markets planned.
The move gives mining a dedicated business within the Group as customers seek greater productivity, improved safety and lower emissions across operations involving multiple vehicles and machines.
For mining fleet managers, the development signals a more coordinated approach to equipment selection, services and technology across excavation, loading, hauling and transportation.
“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 center of expertise, we are combining capabilities from across the Group to further enhance customer value in collaboration with our retail partners.”
Dedicated resources and a coordinated portfolio
Volvo Mining will have dedicated financial resources and responsibility for managing the Group’s mining product and service portfolio globally. It will also coordinate mining research projects across the Group.
The structure is intended to make it easier to bring together capabilities from Volvo Trucks, Volvo CE and Volvo Autonomous Solutions around customer requirements.
Mining operations depend on machines and vehicles working together in demanding, often remote conditions. A more integrated supplier approach could help customers assess how individual equipment choices affect the performance of the broader operation.
Roger Alm, President of Volvo Trucks, said the business would take a long-term view of customer relationships and investment decisions.
“Customers make long-term investments and value trusted partners that combine high performance, operational expertise, and a deep understanding of their business,” he said.
Autonomous solutions part of the offer
Autonomy will form part of Volvo Mining’s offer alongside trucks and construction equipment, connecting the Group’s autonomous technology and operating experience with its wider product portfolio.
Nils Jaeger, President of Volvo Autonomous Solutions, said the combined approach would target measurable operational improvements.
“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,” he said.
The focus will include safety, productivity and efficiency across mining operations.
Nordic launch comes first
Per-Erik Lindstrom, currently Senior Vice President Volvo Trucks International, will become Head of Volvo Mining when the entity launches on 1 January 2027.
“As the mining industry evolves, customers are looking for partners who can help them improve productivity, strengthen safety and meet growing sustainability expectations,” Lindstrom said.
“Our goal is to be a long-term partner in that transformation, helping customers create greater value through the combined strengths of Volvo Group.”
For Australian mining fleets and contractors, the announcement provides an indication of Volvo Group’s direction in an important heavy vehicle market. However, the initial customer focus is on the Nordic region, and the announcement does not specify an Australian rollout timetable.
The practical test will be how effectively the new structure connects vehicles, machinery, autonomous systems and support services to improve performance across an entire mining operation.
