Sandvik has secured a significant order for underground mining equipment from Zimplats, Zimbabwe’s largest platinum group metals producer, for deployment at the Ngezi mines complex
Valued at around SEK 280 million (approx. US$25mn), the order was booked in the third quarter of 2025.
The deal covers the supply of underground loaders, trucks, and drills, with deliveries scheduled to start in the third quarter of 2025 and extend through the second quarter of 2026. Alongside the equipment, the contract also provides substantial aftermarket opportunities. The Ngezi complex, a key platinum group metals (PGM) operation, has shifted from open-pit to underground mining, with Zimplats continuing to invest heavily in expanding its underground capacity.
"We are proud to partner with Zimplats on this significant investment in the Ngezi underground operations. This order reflects our strong commitment to providing equipment and services that help our customers achieve their productivity, safety, and sustainability targets,” said Mats Eriksson, president of business area Mining at Sandvik.