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Sandvik secures underground mining equipment order from Zimplats
Yahoo Financeยท 2025-09-24 11:14
Core Insights - Sandvik has secured a significant underground mining equipment order from Zimplats, valued at approximately Skr280 million, to be deployed at the Ngezi mines complex in Zimbabwe [1][2][3] - The order includes a fleet of various mining equipment, which will support Zimplats' ongoing expansion of underground operations [1][2] - Delivery of the equipment is scheduled between Q3 2025 and Q2 2026, along with parts and service kits for long-term performance [2] Company and Industry Summary - Zimplats is expanding its underground operations at the Ngezi complex, transitioning from open-pit to underground mining, which is a significant development in the platinum mining sector [2] - Sandvik's business area mining president emphasized the company's commitment to providing equipment that enhances productivity, safety, and sustainability for its customers [3] - In addition to the equipment order, Sandvik has introduced the AutoMine Surface Drilling Training Simulator to improve operator skills and automate drilling processes, indicating a focus on modernizing mining operations [4]