Sandvik secured a SEK 320 million order from Buenaventura for underground mining equipment intended for three Peruvian mines, with delivery scheduled from Q3 2025 to Q1 2026. The deal includes not only equipment but also maintenance and spare parts, reflecting an expansion of their partnership.
Sandvik has announced a significant order valued at SEK 320 million from the Peruvian mining company Buenaventura for underground mining equipment. This order encompasses loaders and drills that will be deployed across three underground mines, namely El Brocal, Yumpag, and Uchucchacua. The anticipated delivery period for the equipment distribution is projected to initiate in the third quarter of 2025, continuing until the first quarter of 2026.
In addition to the mining equipment, the contract includes provisions for spare parts, components, and ongoing maintenance services to support the equipment throughout its operational lifespan. This comprehensive agreement represents a strategic expansion of Sandvik’s partnership with Buenaventura, enhancing revenue streams through equipment service and maintenance.
The SEK 320 million deal between Sandvik and Buenaventura marks a notable development in the mining industry, promising to bolster operational efficiency and safety at three critical mining sites in Peru. By incorporating maintenance services and spare parts into the agreement, Sandvik ensures a long-term partnership that supports sustainable mining practices and operational longevity for Buenaventura’s operations.
Original Source: www.stocktitan.net
