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Daily Newsletter

04 April 2025

Daily Newsletter

04 April 2025

Equipment manufacturer Epiroc completes acquisition of Radlink

Epiroc purchased a majority stake of 53% in Radlink in 2022, which has now increased to 100%.

Tiash saha April 03 2025

Swedish mining equipment manufacturer Epiroc has fully acquired Radlink, an Australian company specialising in wireless connectivity solutions for mines, by acquiring the remaining shares of the company.

Epiroc purchased a majority stake of 53% in Radlink in 2022 and has now taken 100% ownership.

Radlink is known for designing, delivering and integrating wireless data and voice communication networks and supporting infrastructure for both surface and underground mining operations.

Its wireless networks are essential for supporting mining automation, including driverless and tele-remote operations, which are key to enhancing safety and productivity in the mining industry.

The company's solutions are also crucial for the digital transformation of mining operations, ensuring timely data delivery for informed decision-making.

Radlink has a workforce of around 415 employees and reported revenues of approximately Skr1.33bn ($133.5m) in 2024.

Epiroc President and CEO Helena Hedblom said: “The innovative team at Radlink is already an integral part of Epiroc, and together we are bringing advanced connectivity solutions to mining customers.

“We look forward to continue providing mining companies with the right digital solutions to strengthen their operations.”

On 16 January 2025, Epiroc disclosed that two mining companies in Australia had placed orders for long-term evolution and digital connectivity solutions worth more than Skr250m.

These Radlink-provided solutions are set to bolster safety and productivity by equipping remotely located mines with reliable, secure and high-speed bandwidth to enable automation, fleet management and real-time data applications.

In January 2025, Epiroc signed a memorandum of understanding with ABB to advance collaboration on underground trolley solutions for the mining industry.

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