Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Trump wants coal to power AI data centers – the tech industry is wary

May 17, 2025

Japan’s TDK accelerates launch of next-generation battery

May 17, 2025

Maxus tests bidirectional charging and plans market launch

May 17, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Sandvik secures largest BEV mining contract to date with South32
Battery / Storage Tech

Sandvik secures largest BEV mining contract to date with South32

omc_adminBy omc_adminApril 26, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Swedish mining equipment specialist Sandvik has landed its biggest BEV order to date. Australian mining group South32 has commissioned a fleet of underground machines – primarily electric – for its new Hermosa Critical Minerals project in Arizona, USA.

The contract, valued at 750 million Swedish kronor (approximately €68 million), includes a majority share of battery-electric vehicles alongside several diesel-powered machines. All units will be deployed at South32’s Hermosa project in southern Arizona.

The operation is located in the historic Patagonia Mountains mining district, around 80 kilometres southeast of Tucson and less than 20 kilometres from the US-Mexico border. Hermosa will focus on extracting manganese and zinc – both classified as critical minerals by the United States and essential for securing the country’s future energy transition.

Among the battery-electric units included in the order are four Sandvik Toro LH518iB loaders, offering an 18-tonne payload, 540 kW motor output and a 482 kWh battery. The model features a fast-swap battery system that enables battery changes in just five minutes – a key enabler for maximising uptime in underground operations.

Also included in the delivery are six Sandvik DS412iE drill rigs, five DD422iE development drills, four DL422iE longhole drills, and three Toro TH665iB trucks. An additional 20 diesel-powered machines are part of the agreement; however, according to Sandvik, some of these may ultimately be converted to battery-electric versions – a decision South32 is expected to finalise at a later stage.

Deliveries are scheduled to commence in Q4 2026, with roll-out expected to continue through 2030.

“We’re proud that Sandvik BEVs will help contribute to an increased supply of critical minerals, supporting the continued electrification of society,” said Mats Eriksson, President of Sandvik Mining and Rock Solutions. “Lower fuel expenses and maintenance costs coupled with longer equipment lifespan will enable a more efficient, economical and sustainable mining operation at Hermosa.”

South32 is positioning Hermosa as its first next-generation mine – one built around automation and advanced technologies to enhance operational efficiency, minimise environmental impact, and support the company’s goal of achieving net-zero operational emissions.

“Technology and innovation play an essential role in helping to improve safety and performance, and reduce our emissions,” said Pat Risner, President of South32 Hermosa. “We’re committed to sustainable development of the resources at Hermosa, which we’re designing as a small footprint underground mine with dry-stack tailings and reduced water consumption to minimize environmental impact. A battery-electric underground equipment fleet supports our ambition for Hermosa to set a new standard for sustainable mining. Sandvik BEVs will meet our safety, reliability, range and capability requirements.”

Sandvik has been steadily growing its electric mining equipment business in recent years, with deployments already in Canada, Mexico and Malaysia. Founded in 1862, the company traces its roots back to steel production and has since evolved into a global leader in mining and rock excavation technologies.

home.sandvik (order volume), rocktechnology.sandvik (vehicles)



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Japan’s TDK accelerates launch of next-generation battery

May 17, 2025

Maxus tests bidirectional charging and plans market launch

May 17, 2025

Berlin battery institute BAM to develop solid-state sodium batteries

May 17, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views

Permian Basin growth fuels ExxonMobil’s quarterly success – Oil & Gas 360

May 2, 20251 Views

IOCL targets $1 trillion revenue by 2047, to enter data centres, nuclear power, battery and mining sectors, ET EnergyWorld

May 17, 20250 Views
Don't Miss

EOG Resources awarded exploration concession for onshore UAE shale basin

By omc_adminMay 16, 2025

EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil…

Halliburton, Rhino Resources deliver two wells in Orange Basin, offshore Namibia

May 16, 2025

Oxy and ADNOC’s investment firm to explore carbon capture solutions in Texas

May 16, 2025

BlackRock’s New ESG Utilities ETF Targets 30% Emissions Cut

May 16, 2025
Top Trending

Top winemaker ‘may have to leave its Spanish vineyards due to climate crisis’ | Food & drink industry

By omc_adminMay 17, 2025

TrusTrace Launches AI-Powered Supply Chain Sustainability Traceability Platform

By omc_adminMay 16, 2025

California Plans $60 Billion Carbon Cap-and-Invest Program Despite Pressure from Trump

By omc_adminMay 16, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

Nvidia Products: What to Know About Data Center GPUs and Consumer Tech

May 17, 20250 Views
Our Picks

Oxy and ADNOC’s investment firm to explore carbon capture solutions in Texas

May 16, 2025

UNSC Convenes Behind Closed Doors Over Pahalgam Attack: Diplomacy at Crossroads Amid Indo-Pak Tensions

May 16, 2025

Phillips 66 Sells Majority Stake in German, Austrian Retail Unit

May 16, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.