1. Sandvik secured a SEK 450 million order for mining equipment. 2. The order is for Khoemacau Copper Mine in Botswana. 3. Equipment deliveries are scheduled from Q3 2025 to Q2 2026. 4. This includes advanced digital monitoring solutions for operational efficiency. 5. JCHX Mining will enhance productivity with Sandvik's equipment.
A significant order from JCHX reflects solid demand in mining, positively influencing Sandvik's revenue.
The order validates Sandvik's market position and long-term operational capability, indicating future profitability.
The ongoing deliveries from 2025 to 2026 indicate sustained revenue growth.
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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SOURCE Sandvik