Sandvik has secured a SEK 320 million order for underground mining equipment from Buenaventura in Peru. The order includes loaders and drills for three mines and entails comprehensive maintenance services. Deliveries are set to begin in Q3 2025 and conclude in Q1 2026, establishing a long-term partnership.
Sandvik has successfully secured a significant order valued at SEK 320 million from Buenaventura, a prominent Peruvian mining company. This order encompasses loaders and drills intended for three underground mines: El Brocal, Yumpag, and Uchucchacua. Equipment deliveries are scheduled to commence in the third quarter of 2025 and will extend into the first quarter of 2026.
The comprehensive agreement not only includes the equipment fleet but also entails spare parts, components, and maintenance services, which will be provided throughout the operational lifespan of the equipment. This strategic partnership with Buenaventura signifies Sandvik’s dedication to enhancing operational productivity and safety within the mining sector.
Mats Eriksson, President of Sandvik Mining and Rock Solutions, expressed enthusiasm regarding the collaboration, stating the company is pleased to strengthen its partnership with Buenaventura. The inclusion of maintenance services and spare parts establishes a long-term revenue stream, contributing to future operational efficiency.
In summary, Sandvik’s SEK 320 million order for underground mining equipment from Buenaventura highlights a strategic partnership aimed at enhancing mining operations in Peru. The provision of loaders and drills, coupled with ongoing maintenance services, underscores Sandvik’s commitment to innovation and operational safety in the mining industry. The anticipated timeline for equipment delivery demonstrates a firm operational plan set for the next few years.
Original Source: www.stocktitan.net
