Sandvik wins major mining equipment order in Botswana

Rhea-AI Summary

Sandvik (OTC:SDVKY) has secured a significant mining equipment order worth SEK 450 million from China-based JCHX Mining Management Co., Ltd. The equipment will be deployed at the Khoemacau Copper Mine in Botswana's Kalahari Copper Belt.

The comprehensive order includes loaders, trucks, drills, and digital monitoring solutions with Remote Monitoring Service capabilities. Deliveries are scheduled to commence in Q3 2025 and continue through Q2 2026.

Positive

• Secured major order valued at SEK 450 million
• Expands presence in strategic Botswana copper mining market
• Order includes both equipment and digital solutions, demonstrating full-suite capabilities

Negative

• None.

STOCKHOLM, Aug. 20, 2025 /PRNewswire/ -- Sandvik has received a major underground mining equipment order from the China-based global mining contractor JCHX Mining Management Co., Ltd., to be used at the Khoemacau Copper Mine (KCM) in Botswana. The order is valued at approximately SEK 450 million and was booked in the third quarter of 2025.

The order includes loaders, trucks and drills, as well as access to digital monitoring solutions, including Remote Monitoring Service. Deliveries are expected to begin in the third quarter of 2025 and continue through the second quarter of 2026. Khoemacau Copper Mine is a major underground mine located in Botswana's Kalahari Copper Belt, with significant expansion underway.

"We are proud to support JCHX in delivering safe and productive operations at Khoemacau Copper Mine, and look forward to supply our high-performance equipment and advanced underground solutions," says Mats Eriksson, President of business area Mining at Sandvik.

Stockholm, August 20, 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

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Sandvik wins major mining equipment order in Botswana

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SOURCE Sandvik

FAQ

What is the value of Sandvik's mining equipment order for the Botswana copper mine?

The order is valued at SEK 450 million and was booked in the third quarter of 2025.

What equipment is included in Sandvik's JCHX Mining order?

The order includes loaders, trucks, drills, and digital monitoring solutions with Remote Monitoring Service capabilities.

When will Sandvik deliver the mining equipment to Khoemacau Copper Mine?

Deliveries will begin in Q3 2025 and continue through Q2 2026.

Where is the Khoemacau Copper Mine located?

The Khoemacau Copper Mine is located in Botswana's Kalahari Copper Belt.

Who placed the major mining equipment order with Sandvik?

JCHX Mining Management Co., Ltd., a China-based global mining contractor, placed the order for use at the Khoemacau Copper Mine.