Sandvik receives record order for AutoMine® solutions
Sandvik Mining and Rock Solutions has secured a substantial order valued at approximately SEK 400 million from the Chilean mining company Codelco for its AutoMine® load and haul automation system. This project will span from 2022 to 2027 and includes the delivery of Toro™ TH663i trucks and Sandvik LH514 loaders. During the first two years, Codelco will receive initial equipment, followed by additional deliveries in subsequent years. This order highlights the growing demand for automation solutions in mining.
- Total order value of SEK 400 million enhances revenue streams.
- Long-term contract running from 2022 to 2027 indicates steady business.
- Enhanced safety, reliability, and productivity through automation.
- None.
SANDVIKEN, Sweden, Jan. 4, 2022 /PRNewswire/ -- Sandvik Mining and Rock Solutions has received a major order for the AutoMine® load and haul automation system valued at about SEK 250 million from the Chilean mining company Codelco, to be used in the El Teniente mine. In addition, a connected load and haul equipment order, with an initial value of SEK 150 million, was received, bringing the total value of the orders to SEK 400 million. Both orders have been booked in the fourth quarter 2021.
The contract will run from 2022 through 2027. During 2022 and 2023, Codelco will receive Toro™ TH663i trucks and Sandvik LH514 loaders, as well as an AutoMine® Fleet system, capable of being scaled to support up to 32 machines, and AutoMine® production area hardware for future expansions over several years. From 2023 through 2027, Sandvik will deliver additional trucks and loaders to be added to the AutoMine® Fleet system.
"I am pleased to see a continued strong interest for AutoMine® solutions that contribute to improving safety, reliability and productivity in the mine and I look forward to the partnership with Codelco in this project," says Henrik Ager, President of business area Sandvik Mining and Rock Solutions.
AutoMine® Underground for loading and hauling is an automation system for autonomous and tele-remote operation of a wide range of loaders and trucks. The scalable solution can provide tele-remote to fully autonomous operation for a single machine or multiple machines, including full fleet automation with automatic mission and traffic control capability.
The AutoMine® Fleet system is a highly advanced automation system for a fleet of underground loaders and trucks sharing the same automated production area. It provides advanced traffic control capabilities, as well as a wide range of interfaces for infrastructure integration to allow for complex automation applications in challenging environments.
Stockholm, January 4, 2021
Sandvik AB
For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008.
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SOURCE Sandvik
FAQ
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