Sandvik wins major order for underground mining equipment in Peru

Sandvik has been awarded a major order for a fleet of underground mining equipment from the Peruvian mining company Compañia de Minas Buenaventura (Buenaventura). The order is valued at approximately SEK 320 million and was booked in the first quarter 2025.

The order includes loaders and drills, which will be used at three of Buenaventura’s underground mines; El Brocal, Yumpag and Uchucchacua. Deliveries are scheduled to begin in the third quarter 2025 and continue through the first quarter 2026. In addition to the equipment order, Sandvik will supply spare parts, components and maintenance service during the lifetime of the equipment.

“We are very pleased to expand our partnership with Buenaventura by supplying a fleet of our highly productive mining equipment. We look forward to contributing to increased productivity and safety in their operations,” says Mats Eriksson, President of Sandvik Mining and Rock Solutions.

Stockholm, March 14, 2025

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

Sandvik wins major order for underground mining equipment in Peru (PDF)