Sandvik wins large mining equipment order in Democratic Republic of the Congo
Sandvik has received a large underground mining equipment order from Jimond Mining Management Company (JMMC), a subsidiary of the Chinese global mining services provider JCHX Mining Management Co., Ltd. to be used in the Kamoa-Kakula copper mine in the Democratic Republic of the Congo. The order is valued at around SEK 200 million and will be booked in the fourth quarter 2023.
The order includes Toro™ TH663i trucks, Toro™ LH621i loaders and Sandvik DL432i longhole production drills. Deliveries are scheduled during the first three quarters of 2024.
“Sandvik’s intelligent load and haul equipment has been in operation at Kamoa-Kakula since 2019, and I am pleased to see us again selected to supply our highly productive offering. With this order we also expand our collaboration with JMMC to include intelligent underground drills, a testament to the strength of our solutions offering,” says Mats Eriksson, President of Sandvik Mining and Rock Solutions.
Stockholm, November 29, 2023
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.
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Sandvik Group
Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2022 the Group had approximately 40,000 employees and revenues of about 112 billion SEK in about 150 countries within continuing operations.
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