Sandvik wins major mining automation order from Codelco
Sandvik wins major mining automation order from Codelco
PR Newswire
STOCKHOLM, March 1, 2024
STOCKHOLM, March 1, 2024 /PRNewswire/ -- Sandvik has received a major order from Codelco, the world's largest copper producer, to supply a AutoMine® load and haul automation system, for use in the new Andesita project at the El Teniente mine in Chile. The order is valued at approximately SEK 300 million and was booked in the first quarter 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.
"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," says Mats Eriksson, President of Sandvik Mining and Rock Solutions.
Stockholm, March 1, 2024
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:
Sandvik wins major mining automation order from Codelco |
View original content:https://www.prnewswire.com/news-releases/sandvik-wins-major-mining-automation-order-from-codelco-302076896.html
SOURCE Sandvik
-
What History Tells Us About the Fed’s Next Move
-
What’s Happening In the Markets This Week
-
Alphabet’s New Dividend: What Investors Need to Know
-
Going Into Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?
-
Going Into Earnings, Is Eli Lilly Stock a Buy, a Sell, or Fairly Valued?
-
What’s the Difference Between the CPI and PCE Indexes?
-
5 Stocks to Buy That We Still Like After They’ve Run Up
-
Markets Brief: Stocks Are Starting to Look Cheap Again
-
AbbVie Earnings: Next-Generation Immunology Drugs Help Offset Humira Biosimilar Pressure
-
Exxon Earnings: Ignore Earnings Shortfall as Long-Term Growth and Improvement on Track
-
American Airlines Earnings: We See Costs Overshadowing Market Share This Year
-
Snap Earnings: Advertising Growth and Snapchat+ Drive Monetization
-
STMicro Earnings: We Still See an Attractive Margin of Safety Despite a Poor First-Half Forecast
-
Alphabet Shares Surge on Strong Earnings, Dividend Surprise
-
Microsoft Earnings: Firm Beats Forecasts on Strong AI and Cloud Demand
-
PG&E Earnings: Near-Term Regulatory Certainty Supports Industry-Leading Earnings Growth