Enhancing Mining Operations: Sandvik to Supply AutoMine® System to Codelco’s Chilean Mine Project

Enhancing Mining Operations: Sandvik to Supply AutoMine® System to Codelco’s Chilean Mine Project

(IN BRIEF) Sandvik, a global leader in mining solutions, has secured a significant order from Codelco, the world’s largest copper producer. Valued at around SEK 300 million, the order is for Sandvik’s AutoMine® load and haul automation system to be used in Codelco’s new Andesita project at the El Teniente mine in Chile. This partnership aims to enhance safety, efficiency, and productivity in mining operations.

(PRESS RELEASE) STOCKHOLM, 1-Mar-2024 — /EuropaWire/ — Sandvik (STO: SAND), a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries, has announced a significant order from Codelco, the world’s largest copper producer. The order, valued at approximately SEK 300 million, is for Sandvik’s AutoMine® load and haul automation system, to be deployed in the new Andesita project at the El Teniente mine in Chile. This contract, booked in the first quarter of 2024, builds upon Sandvik’s successful collaboration with Codelco, which has seen multiple automation solutions orders in 2023.

As part of the agreement, Sandvik will implement an advanced automation system tailored to the Andesita project’s needs. Additionally, Sandvik will deliver a new automated Toro™ LH621i loader during 2024, further enhancing the mine’s safety, efficiency, and productivity.

“We are very pleased to expand our partnership with Codelco and look forward to provide our leading mining automation solutions to the new Andesita project, enhancing safety, efficiency and productivity in the operations,” said Mats Eriksson, President of Sandvik Mining and Rock Solutions.

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

SOURCE: Sandvik AB