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Sandvik wins automation order at Codelco's El Teniente mine in Chile

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Sandvik has secured a significant order valued at approximately SEK 180 million from Codelco, the world's largest copper producer, to deliver an AutoMine® Fleet automation system and six autonomous loaders for the El Teniente mine in Chile. This contract marks a continuation of their ongoing partnership and is expected to enhance Codelco's goal of creating the most automated mine globally. The order was booked in the first quarter of 2023, with delivery planned for the same year, adding to Codelco's fleet of over 40 autonomous Sandvik machines.

Positive
  • Order valued at SEK 180 million supports Codelco's automation goals.
  • Continues long-standing partnership with Codelco.
  • Delivery of AutoMine® Fleet system enhances mining efficiency and safety.
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  • None.

STOCKHOLM, April 3, 2023 /PRNewswire/ -- Sandvik has received an order from Codelco, the world's largest copper producer, to supply a AutoMine® Fleet automation system and six autonomous loaders, for use in the Recursos Norte operations at the El Teniente mine in Chile. The order is valued at approximately SEK 180 million and was booked in the first quarter 2023.

The order is a continuation of Sandvik's long-standing partnership with Codelco on automation solutions, and further supports Codelco's goal of operating the world's most automated and digitalized mine. The Toro™ LH514 loaders and the AutoMine® Fleet system − capable of being scaled to support up to 13 machines − will be delivered during 2023. After delivery, Codelco will have more than 40 autonomous Sandvik trucks and loaders in operation at El Teniente.  

"I am very pleased that Codelco has again chosen us to deliver our leading automation solutions to El Teniente. We continue to see strong interest in our AutoMine ® solutions that help our customers improve safety, sustainability and productivity, and we look forward to continuing our valued partnership with Codelco," says Mats Eriksson, President of Sandvik Mining and Rock Solutions.

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, April 3, 2023
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

The following files are available for download:

https://mb.cision.com/Main/208/3745778/1961729.pdf

Sandvik wins automation order at Codelco’s El Teniente mine in Chile

 

Cision View original content:https://www.prnewswire.com/news-releases/sandvik-wins-automation-order-at-codelcos-el-teniente-mine-in-chile-301788154.html

SOURCE Sandvik

FAQ

What is the value of Sandvik's order from Codelco?

The order from Codelco is valued at approximately SEK 180 million.

When was the order booked by Sandvik for Codelco?

The order was booked in the first quarter of 2023.

What equipment is Sandvik supplying to Codelco?

Sandvik is supplying an AutoMine® Fleet automation system and six autonomous loaders.

Where will Sandvik's automation systems be used?

The automation systems will be used at the El Teniente mine in Chile.

How many autonomous machines will Codelco have after this order?

After this order, Codelco will have more than 40 autonomous Sandvik trucks and loaders in operation.

SANDVIK AB S/ADR

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