Eldorado Gold Orders Ten Electric Mining Trucks from Sandvik for $17M

Eldorado Gold is making a big move towards cleaner mining by ordering ten battery-electric haul trucks from Swedish company Sandvik. The Canadian firm will spend around $17 million on the new equipment, which they’ll start using at their Lamaque gold mine in Québec next year.

Key Takeaways

  • Eldorado Gold is expanding its fleet of electric mining trucks to twelve units from two.
  • The new Sandvik TH550B haul truck can carry a hefty 50,000 kg payload and uses rapid battery swapping technology for quick recharges.
  • This order supports Eldorado’s goal of improving efficiency, safety, and sustainability in their operations.

Canadian mining company Eldorado Gold is taking another step forward to reduce its carbon footprint with a big purchase. They’re buying ten electric haul trucks from Sandvik for $17 million. The first two battery-powered trucks they bought last year worked so well that the company decided to increase their order.

The new TH550B truck can carry 50,000 kg of material and has a powerful lithium-iron-phosphate battery pack that lets it work for hours without needing a recharge. It’s designed with quick-change batteries, which means operators won’t lose much time when swapping out depleted cells.

Eldorado Gold plans to put these trucks into action at their Lamaque gold mine starting in 2026 and will have all the new vehicles by early 2027. This move shows how companies are increasingly turning towards electric equipment for mining, even if it means a big upfront investment.

Not only does this change help Eldorado Gold meet environmental goals, but it also improves working conditions underground where diesel fumes and noise can be dangerous and uncomfortable. The quieter operation of the battery-powered trucks makes life easier for those who work in these tough environments every day.

Frequently Asked Questions

What is Eldorado Gold’s main reason for switching to electric mining equipment?

Eldorado Gold wants to make its operations more efficient, safer, and better for the environment. Electric trucks reduce noise and fumes underground while also cutting down on carbon emissions.

How does Sandvik’s battery swap technology work in their electric haulers?

Sandvik’s AutoSwap system allows operators to quickly replace depleted batteries with fully charged ones, ensuring the trucks can keep working without long downtime for recharging. This makes it possible to maintain productivity even during back-to-back shifts.

This order is a big deal because Eldorado Gold is showing other mining companies that going electric isn’t just about being green; it’s also smart business sense when you look at the benefits of improved efficiency and safety.

Emma Wilson
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