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Sandvik wins major order for underground mining equipment in Peru

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Sandvik has secured a major order worth SEK 320 million from Peruvian mining company Buenaventura for underground mining equipment. The order includes loaders and drills destined for three underground mines: El Brocal, Yumpag, and Uchucchacua.

The equipment delivery is scheduled to commence in Q3 2025 and continue through Q1 2026. The comprehensive deal includes not only the equipment fleet but also encompasses spare parts, components, and maintenance services throughout the equipment's operational lifetime.

Sandvik ha ottenuto un importante ordine del valore di 320 milioni di SEK dalla compagnia mineraria peruviana Buenaventura per attrezzature per l'estrazione sotterranea. L'ordine comprende caricatrici e perforatrici destinate a tre miniere sotterranee: El Brocal, Yumpag e Uchucchacua.

La consegna delle attrezzature è prevista per iniziare nel Q3 2025 e proseguire fino al Q1 2026. L'accordo completo include non solo la flotta di attrezzature, ma comprende anche ricambi, componenti e servizi di manutenzione per tutta la durata operativa delle attrezzature.

Sandvik ha asegurado un importante pedido por un valor de 320 millones de SEK de la compañía minera peruana Buenaventura para equipos de minería subterránea. El pedido incluye cargadoras y perforadoras destinadas a tres minas subterráneas: El Brocal, Yumpag y Uchucchacua.

La entrega del equipo está programada para comenzar en Q3 2025 y continuar hasta Q1 2026. El acuerdo integral incluye no solo la flota de equipos, sino también piezas de repuesto, componentes y servicios de mantenimiento durante toda la vida operativa del equipo.

샌드빅은 페루의 광산 회사인 부에나벤투라로부터 3억 2천만 SEK 규모의 대규모 주문을 확보했습니다. 이 주문에는 엘 브로칼, 얌팍, 우추차쿠아의 세 개의 지하 광산을 위한 로더와 드릴이 포함됩니다.

장비 배송은 2025년 3분기에 시작되어 2026년 1분기까지 계속될 예정입니다. 포괄적인 계약에는 장비 함대뿐만 아니라 예비 부품, 구성 요소 및 장비의 운영 수명 동안 유지보수 서비스도 포함됩니다.

Sandvik a obtenu une commande importante d'une valeur de 320 millions de SEK de la société minière péruvienne Buenaventura pour des équipements de mining souterrain. La commande comprend des chargeurs et des foreuses destinés à trois mines souterraines : El Brocal, Yumpag et Uchucchacua.

La livraison de l'équipement devrait commencer au T3 2025 et se poursuivre jusqu'au T1 2026. L'accord complet comprend non seulement la flotte d'équipements, mais aussi des pièces de rechange, des composants et des services de maintenance pendant toute la durée de vie opérationnelle de l'équipement.

Sandvik hat einen bedeutenden Auftrag im Wert von 320 Millionen SEK von dem peruanischen Bergbauunternehmen Buenaventura für unterirdische Bergbaumaschinen gesichert. Der Auftrag umfasst Lader und Bohrer, die für drei unterirdische Minen bestimmt sind: El Brocal, Yumpag und Uchucchacua.

Die Lieferung der Ausrüstung soll im Q3 2025 beginnen und bis Q1 2026 fortgesetzt werden. Das umfassende Angebot umfasst nicht nur die Ausrüstung, sondern auch Ersatzteile, Komponenten und Wartungsdienste während der gesamten Betriebsdauer der Ausrüstung.

Positive
  • Secured major order worth SEK 320 million
  • Long-term revenue stream through spare parts and maintenance services
  • Strategic expansion of partnership with major mining company in Peru
Negative
  • None.

STOCKHOLM, March 14, 2025 /PRNewswire/ -- Sandvik has been awarded a major order for a fleet of underground mining equipment from the Peruvian mining company Compañia de Minas Buenaventura (Buenaventura). The order is valued at approximately SEK 320 million and was booked in the first quarter 2025.

The order includes loaders and drills, which will be used at three of Buenaventura's underground mines; El Brocal, Yumpag and Uchucchacua. Deliveries are scheduled to begin in the third quarter 2025 and continue through the first quarter 2026. In addition to the equipment order, Sandvik will supply spare parts, components and maintenance service during the lifetime of the equipment.

"We are very pleased to expand our partnership with Buenaventura by supplying a fleet of our highly productive mining equipment. We look forward to contributing to increased productivity and safety in their operations," says Mats Eriksson, President of Sandvik Mining and Rock Solutions.

Stockholm, March 14, 2025

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

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sandvik/r/sandvik-wins-major-order-for-underground-mining-equipment-in-peru,c4118769

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https://mb.cision.com/Main/208/4118769/3321223.pdf

Sandvik wins major order for underground mining equipment in Peru

 

Cision View original content:https://www.prnewswire.com/news-releases/sandvik-wins-major-order-for-underground-mining-equipment-in-peru-302401850.html

SOURCE Sandvik

FAQ

What is the value of Sandvik's mining equipment order from Buenaventura (SDVKY)?

The order is valued at approximately SEK 320 million and was booked in Q1 2025.

When will Sandvik (SDVKY) deliver the mining equipment to Buenaventura's mines?

Deliveries will begin in Q3 2025 and continue through Q1 2026.

Which Buenaventura mines will receive Sandvik's (SDVKY) equipment?

The equipment will be deployed at three underground mines: El Brocal, Yumpag, and Uchucchacua.

What additional services will Sandvik (SDVKY) provide with the equipment order?

Sandvik will supply spare parts, components, and maintenance service during the equipment's lifetime.
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