Citi forecasts mining equipment orders rising into 2027; raises PTs for Epiroc and Metso
Citi expects a step-up in mining-equipment orders from 2027 and said copper projects in South and North America move into a heavier spending phase. It rates Epiroc “buy” with PT to SEK 317 from SEK 301, flags softer orders for Sandvik (“neutral”), and lifts Metso to €17 from €15.9, adding Metso may announce two larger