Sandvik secures large mining automation deal with Codelco

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The order is valued at approximately EUR 26,8 million and was booked in the first quarter of 2024. Sandvik will deliver a new automated Toro LH621i loader.

Sandvik Secures Large Mining Automation Deal with Codelco

Sandvik, a Swedish multinational engineering company, has received a major order from copper producer Codelco, to supply an AutoMine load and haul automation system, for use in the new Andesita project at the El Teniente mine in Chile.

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

The order is valued at approximately SEK 300 million (EUR 26,8 million) and was booked in the first quarter of 2024.

Under the new contract, which follows multiple automation solutions orders from Codelco in 2023, Sandvik will implement an advanced automation system and deliver a new automated Toro LH621i loader during 2024.