AIA Engineering wins USD 32.90 million Chile mining order
AIAENG · price
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AIA Engineering's wholly owned Chile subsidiary, Vega Industries Chile SpA, received a USD 32.90 million, about INR 291 crore, order from a copper mine for grinding media. It will supply grinding balls over 18 months from November 1, 2025. The customer name is withheld, and margins were not disclosed.
The export order should add revenue, improve overseas diversification and support the order book, though profit depends on margins and execution.