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home / news releases / SDVKF - Sandvik secures ~SEK 180M automation order at Codelco's El Teniente mine in Chile

SDVKF - Sandvik secures ~SEK 180M automation order at Codelco's El Teniente mine in Chile

Sandvik AB

2023-04-03 08:58:34 ET

  • Sandvik ( OTCPK:SDVKY ) has received an order from Codelco to supply a AutoMine Fleet automation system and six autonomous loaders, for use in the Recursos Norte operations at the El Teniente mine in Chile.
  • The order is valued at ~SEK 180M and was booked in the first quarter 2023.
  • The order is a continuation of the long-standing partnership between Sandvik and Codelco in automation solutions and supports Codelco's goal to operate the most automated and digitised mine in the world.

  • The Toro™ LH514 loaders and the AutoMine® Fleet system will be delivered during 2023.

  • Once delivered, Codelco will deploy more than 40 Sandvik autonomous trucks and loaders in El Teniente.

For further details see:

Sandvik secures ~SEK 180M automation order at Codelco's El Teniente mine in Chile
Stock Information
Company Name: Sandvik AB
Stock Symbol: SDVKF
Market: OTC
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