Epiroc secures its largest-ever digital solutions order from Chile's copper giant, Codelco. Valued at approximately MSEK 250 over five years, the project targets enhanced safety and productivity at the El Teniente copper mine. The comprehensive digital package includes fleet management optimization, real-time monitoring of underground activities, performance data collection, and collision avoidance. Codelco's commitment to technological advancement aligns with Epiroc's dedication to boosting mining efficiency through cutting-edge digital solutions.
Epiroc, a key player in the mining and construction sectors, celebrates a monumental achievement with its most substantial digital solutions order to date. The recipient of this groundbreaking initiative is none other than Codelco, the world's leading copper producer, situated in Chile. The multi-year project, valued at approximately MSEK 250, aims to revolutionize safety and productivity at the El Teniente copper mine.
Codelco's ambitious move involves adopting a suite of advanced digital solutions provided by Epiroc. This strategic amalgamation encompasses optimizing fleet management, refining ore production processes, offering real-time visibility of subterranean activities involving both personnel and machinery, and implementing measures to prevent vehicle collisions. The scope of these solutions extends to both underground and open-pit operations at El Teniente.
The financial aspect of this transformative five-year project reveals a valuation of about MSEK 250, with the initial phase, worth approximately MSEK 50, already booked in the fourth quarter of 2023. Epiroc's President and CEO, Helena Hedblom, emphasizes the increasing significance of digital solutions in maximizing safety and operational efficiency within mining companies. Codelco's persistent commitment to technological advancement aligns seamlessly with Epiroc's mission to support their journey toward digitalization.
Epiroc's Digital Solutions division plays a pivotal role in bundling a diverse array of digital solutions that elevate mining operations. With this monumental order, Codelco takes a giant leap in upgrading its existing digital infrastructure, incorporating cutting-edge features such as a collision-avoidance system and the capability to collect machine performance data.
Expressing pride in this expanding partnership, Paul Bergström, President of Epiroc’s Digital Solutions division, underscores the significance of providing an agnostic ecosystem that spans connectivity, automation, safety, and productivity applications. As Codelco advances on its digital journey, Epiroc stands as a stalwart supporter, committed to enhancing the mining giant's capabilities through innovative and efficient digital solutions.
In the realm of mining innovation, Epiroc's recent triumph is nothing short of groundbreaking. Securing its most substantial digital solutions order from Codelco, the world's foremost copper producer in Chile, Epiroc is set to transform operations at the El Teniente copper mine. Valued at approximately MSEK 250 over five years, this transformative project is a testament to Codelco's commitment to technological advancement and Epiroc's dedication to boosting mining efficiency through cutting-edge digital solutions.