#Peru #Lima #Sandvik #Mining Equipment #Buenaventura

Sandvik Secures Major Order for Underground Mining Equipment in Peru

In a notable development within the mining sector, Sandvik, the leading engineering company, has successfully secured a substantial order for underground mining equipment from Compañia de Minas Buenaventura, one of Peru's foremost mining firms. This order, valued at approximately SEK 320 million, was recorded in the first quarter of 2025.

The order encompasses a comprehensive fleet of machinery that includes both loaders and drills specifically tailored for use at three of Buenaventura's underground mining operations: El Brocal, Yumpag, and Uchucchacua. Deliveries of the equipment are expected to commence in the third quarter of 2025 and continue into the first quarter of 2026. Alongside the equipment, Sandvik will also provide essential spare parts, components, and ongoing maintenance services throughout the equipment’s operational lifespan.

Mats Eriksson, the President of Sandvik Mining and Rock Solutions, expressed his satisfaction with the expansion of the partnership between Sandvik and Buenaventura. He highlighted that their advanced and highly productive mining equipment will contribute significantly to enhancing productivity and ensuring safety at Buenaventura's mining sites.

This partnership not only emphasizes the reliability and efficiency of Sandvik's equipment but also showcases their commitment to enhancing operational standards in the mining industry. By supplying modern equipment to Buenaventura, Sandvik is poised to play a vital role in the advancement of sustainable mining practices in Peru, benefiting both the economy and the environment.

The Peruvian mining industry has long been a cornerstone of the nation's economy, providing significant contributions to exports and employment. With increasing demands for minerals worldwide, the partnership between Sandvik and Buenaventura reflects a strategic move to leverage modern technology and equipment to meet these needs effectively.

As global mining operations face challenges related to efficiency, safety, and environmental concerns, partnerships like this one are critical. Sandvik's reputation for innovation in mining solutions positions them as a key player in driving the transformation needed in the industry. The upcoming delivery of these machines is awaited with anticipation, representing a leap forward in operational capacities for Buenaventura.

The collaboration between these two enterprises exemplifies how modernization and strategic investments in technology can lead to enhanced productivity and operational excellence in the resource extraction sector. Moving forward, the mining industry in Peru is expected to evolve, driven by such partnerships aimed at harnessing cutting-edge technologies.

As for Sandvik, this order marks yet another achievement in their ongoing efforts to support the global mining sector. With a strong focus on innovation, Sandvik is set to redefine standards in mining equipment and service provision, ensuring that their partners are equipped for success in an increasingly competitive market.