Sweden, Nov. 25 -- The European Investment Bank (EIB) has signed a €500 million loan agreement with Swedish engineering group Sandvik, a global leader in equipment, services and digital solutions for the mining, manufacturing and infrastructure industries, to support the company's 2026-2029 research and development.The investment programme focuses on developing new cutting technologies, tooling systems, battery-electric mining equipment, and next-generation solutions for digitalised and automated mining and rock excavation. The programme will take place mainly in Sweden, Finland and Germany. The EIB has a long-standing relationship with Sandvik, having financed four previous research and development programmes since 1999. The new fina...