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The Cryptonomics™ > Mining > Glencore’s US$250 million Cat order from Finning for Alumbrera restart
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Glencore’s US$250 million Cat order from Finning for Alumbrera restart

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Last updated: July 26, 2026 1:08 am
admin Published July 26, 2026
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Glencore’s US0 million Cat order from Finning for Alumbrera restart


In Might 2026, in its Q1 outcomes, Finning stated that its South America operation had acquired a big tools order from Glencore for the reopening of the Alumbrera copper mine in Argentina. It stated: “This consists of the provision of greater than 20 giant Caterpillar mining vans together with ancillary tools and know-how help, for supply anticipated from This fall 2026 by 2028.”

Finning Argentina not too long ago gave some additional particulars on the venture – it says it was awarded the contract to provide a complete resolution involving 51 Caterpillar tools models, plus upkeep companies and digital applied sciences, “inside the framework of an funding of greater than US$250 million aimed on the restart of one of the crucial emblematic mining operations in Argentina.”

The venture consists of the provision of a brand new fleet of twenty-two Cat® 793 vans, three Cat® 6060 FS hydraulic shovels and large-scale ancillary tools together with a Cat D11 dozer, 77 water truck and Cat 336 excavators, in addition to a complete help mannequin that encompasses 24/7 transport, meeting, commissioning and upkeep.

The upkeep settlement additionally covers a fleet of Caterpillar vans already on the website; with the digital applied sciences together with MineStar Fleet – Cat’s built-in fleet monitoring and administration system that tracks cellular property, optimises manufacturing cycles, and works with mixed-brand tools.

The corporate stated the venture will even generate employment alternatives and native capability constructing, reinforcing Finning’s dedication to communities and the expansion of the Argentine mining business.

It added: “This award displays our skill to accompany prospects with complete options that mix tools, know-how, service and specialised information, contributing to a extra productive, environment friendly and sustainable operation.”

In April 2026, Sandvik additionally introduced that it had secured an order from Glencore to provide three DR413i rotary blasthole drill rigs for the restart of Alumbrera in addition to rebuild companies to Glencore for 3 D75KS rotary blasthole drill rigs and three DP1500 crawled-based floor drill rigs, in addition to labour and elements for upkeep of the entire fleet.

Alumbrera is now operated by MARA (Minera Agua Rica – Alumbrera), which was shaped from the merger of Minera Agua Rica LLC Sucursal Argentina and Minera Alumbrera Ltd. The venture plans to make use of the prevailing Alumbrera processing services, situated 35 km from the Agua Rica pit, for processing the ore, with the ore transported utilizing an overland conveyor. Operations are anticipated to renew at Alumbrera in 2027, with first manufacturing slated for 2028. The mine is projected to supply round 73,000 t of copper till June 2031, alongside gold and molybdenum, over an preliminary four-year life earlier than Agua Rica begins producing in 2031.

 



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