Atlas Copco receives a new record order in Mexico

July 12, 2011

Stockholm, Sweden, July 12, 2011: Atlas Copco has received an order from the Mexican mining group Peñoles. Valued at about MUSD 67 (MSEK 420), it is one of the largest underground mining equipment contracts ever for Atlas Copco, and the company’s second very large order in Mexico this year.

Atlas Copco will deliver a total 87 machines, including equipment for face drilling, long hole drilling and bolting. The order also includes products for loading and hauling, many of which are computerized. The equipment will be used by Peñoles and Fresnillo PLC in current operations and for various development projects. The majority of the order was booked in the second quarter and deliveries will take place during the coming 12 months.

“We are proud to be able to fulfill Peñoles’ and Fresnillo’s growing needs for equipment and service, and look forward to developing our relationship further during the coming years,” says Bob Fassl, President of Atlas Copco’s business area Mining and Rock Excavation Technique.

Peñoles is one of Mexico’s leading mining companies, with operations focusing on base metals such as zinc, lead and copper. It is also the majority owner of Fresnillo PLC, which is the world’s largest primary silver producer. Atlas Copco in January received an order from Fresnillo for mining equipment worth about MUSD 45 (MSEK 300).

For further information please contact:

  • Bob Fassl, Business Area President, Mining and Rock Excavation Technique
    +1 469 766 6242
  • Daniel Frykholm, Media Relations Manager
    +46 (0)8 743 8060 or +46 (0)70 865 8060
Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2010, Atlas Copco had 33 000 employees and revenues of BSEK 70 (BEUR 7.3).
Atlas Copco’s Mining and Rock Excavation Technique business area provides equipment for drilling and rock excavation, a complete range of related consumables and service through a global network. The business area innovates for sustainable productivity in surface and underground mining, infrastructure, civil works, well drilling and geotechnical applications. Principal product development and manufacturing units are located in Sweden, the United States, Canada, China and India.