Sandvik receives record order for AutoMine® solutions

Sandvik Mining and Rock Solutions has received a major order for the AutoMine® load and haul automation system valued at about SEK 250 million from the Chilean mining company Codelco, to be used in the El Teniente mine. In addition, aconnected load and haul equipment order, with an initialvalue of SEK 150 million, was received, bringing the total value of the orders to SEK 400 million. Both orders have been booked in the fourth quarter 2021.

The contract will run from 2022 through 2027. During 2022 and 2023, Codelco will receive Toro™ TH663i trucks and Sandvik LH514 loaders, as well as an AutoMine® Fleet system, capable of being scaled to support up to 32 machines, and AutoMine® production area hardware for future expansions over several years. From 2023 through 2027, Sandvik will deliver additional trucks and loaders to be added to the AutoMine® Fleet system.

“I am pleased to see a continued strong interest for AutoMine® solutions that contribute to improving safety, reliability and productivity in the mine and I look forward to the partnership with Codelco in this project,” says Henrik Ager, President of business area Sandvik Mining and Rock Solutions.

AutoMine® Underground for loading and hauling is an automation system for autonomous and tele-remote operation of a wide range of loaders and trucks. The scalable solution can provide tele-remote to fully autonomous operation for a single machine or multiple machines, including full fleet automation with automatic mission and traffic control capability.

The AutoMine® Fleet system is a highly advanced automation system for a fleet of underground loaders and trucks sharing the same automated production area. It provides advanced traffic control capabilities, as well as a wide range of interfaces for infrastructure integration to allow for complex automation applications in challenging environments.

Stockholm, January 4, 2021

Sandvik AB

For further information contact:
Louise Tjeder
VP Investor relations
tel: +46 (0) 70782 6374

or Johannes Hellström
Press and Media Relations Manager
tel: +46 (0) 70721 1008

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Sandvik Group
Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2020 the Group had approximately 37,000 employees and revenues of about 86 billion SEK in more than 160 countries within continuing operations.

Sandvik Mining and Rock Solutions
Sandvik Mining and Rock Solutions is a business area within the Sandvik Group and a global leading supplier of equipment and tools, parts, service and digital solutions and sustainability-driving technologies for the mining and construction industries. Application areas include rock drilling, rock cutting, loading and hauling, tunneling and quarrying. In 2020, sales were approximately 33.6 billion SEK with about 12,500 employees within continuing operations.