Swedish mining equipment manufacturer Epiroc has concluded a global partnership agreement with Chinese Sany Group. The strategic cooperation between the Stockholm-based company specializing in mining machinery and one of China's largest construction equipment manufacturers could shift the competitive structure in the market for mining and construction equipment. The companies did not initially provide details on the planned areas of cooperation, joint product developments, or distribution agreements. It remains unclear whether Epiroc is responding to increasing price pressure from Chinese suppliers with this move or wants to expand access to the Asian market.