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Volvo Group to Introduce Volvo Mining Business, Expand Mining Focus

The dedicated mining business aims to align Volvo's capabilities within a single entity, offering Volvo trucks, construction equipment and autonomous solutions, and strengthen the company's position in the global mining industry.

Volvo truck and wheel loader loading material in an underground mining tunnel at night
Volvo Construction Equipment

Volvo Group has announced it will establish a new entity, Volvo Mining, to strengthen its presence in the global mining industry amid growing demand for productivity, safety and sustainable operations. The new organization will launch Jan. 1, 2027, and operate within Volvo Construction Equipment (Volvo CE), bringing together expertise and resources from across the group to develop integrated products and services for mining customers. Aerial view of active construction site with yellow heavy machinery, equipment, and materials scattered across snowy ground with industrial buildingsVolvo Construction Equipment

Volvo Mining will receive dedicated financial resources and lead the management of the group’s mining product and service portfolio worldwide. It will also coordinate research projects across the group, with the aim of improving operational efficiency, reducing emissions and enhancing safety. The initiative reflects the growing need for integrated solutions that connect machinery, transportation, automation and services across mining operations.

The new entity will initially target mining companies and contractors in Sweden, Norway and Finland, with plans to expand into additional markets in phases. Volvo Group executives said the dedicated organization will help strengthen customer relationships, improve collaboration with retail partners and combine the Group’s expertise in equipment, vehicles and autonomous technology to deliver greater value across mining operations.

Also effective Jan. 1, 2027, Per-Erik Lindström, currently senior vice president of Volvo Trucks International, has been appointed head of Volvo Mining. He will lead the development of the new organization, which aims to become a long-term partner to the mining industry as customers pursue higher productivity, improved safety and increasingly ambitious sustainability goals.

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