Sandvik has secured a SEK 320 million order from Buenaventura for loaders and drills at three underground mines in Peru. Deliveries will start in Q3 2025 and include maintenance and spare parts for the equipment’s lifecycle, reinforcing collaboration in the mining sector.
Sandvik has won a significant contract worth SEK 320 million from Peruvian mining firm Buenaventura for underground mining equipment. This extensive order includes loaders and drills intended for three underground mines: El Brocal, Yumpag, and Uchucchacua. The delivery of this equipment is expected to begin in Q3 2025 and will run through Q1 2026, ensuring comprehensive support for Buenaventura’s operations.
The deal not only encompasses the hardware but also includes spare parts, components, and maintenance services throughout the operational lifetime of the equipment. This partnership marks a strategic expansion for Sandvik, enhancing their relationship with one of Peru’s major mining companies.
Sandvik’s equipment aims to boost productivity and safety in Buenaventura’s underground mining operations. Mats Eriksson, President of Sandvik Mining and Rock Solutions, expressed satisfaction in expanding the partnership and contributing to improved operational efficiency.
In conclusion, Sandvik’s major order from Buenaventura signifies a substantial enhancement in their collaborative efforts in the mining sector. With the focus on delivering advanced mining equipment and ongoing support through spare parts and maintenance, the agreement paves the way for increased productivity and safety in Peruvian underground mining operations. This strategic partnership further strengthens Sandvik’s presence in the lucrative mining market in Latin America.
Original Source: www.stocktitan.net
