News & Videos - BOLIDEN AB [CBOE] - English

Boliden publishes Sustainability-Linked Finance Framework PR Newswire STOCKHOLM, Dec. 20, 2024 STOCKHOLM , Dec. 20, 2024 /PRNewswire/ -- To support Boliden's vision to be the most climate-friendly and respected metal provider in the world, the company has published a Sustainability-Linked Finance Framework to facilitate the issuance of Sustainability-Linked Bonds. The Sustainability-Linked Finance Framework incorporates Boliden's climate targets, which have been validated by the Science Based...

Boliden to acquire the Neves-Corvo and Zinkgruvan mines PR Newswire STOCKHOLM, Dec. 9, 2024 STOCKHOLM , Dec. 9, 2024 /PRNewswire/ -- Boliden has entered into a definitive agreement with Lundin Mining to acquire the Neves-Corvo mine in Portugal and the Zinkgruvan mine in Sweden . The upfront cash consideration for the entities is USD 1,300 m plus contingent payments that can reach up to USD 150 m , on a cash and debt-free basis. The transaction, that considerably strengthens Boliden's mine...

Boliden Q3 2024: High production, stronger results PR Newswire STOCKHOLM, Oct. 22, 2024 STOCKHOLM , Oct. 22, 2024 /PRNewswire/ -- "Our mine production during the quarter has been good. Just like last quarter, our Finnish smelters are producing very well," - Mikael Staffas, President and CEO. Financials Revenues: SEK 22,193 m (19,396) Operating profit: SEK 3,165 m (1,912) Operating profit excl. PIR*: SEK 2,999 m (1,940) Free cash flow: SEK -495 m (-1,200) Earnings per share: SEK 8.34 (4.96)...

Invitation presentation of Boliden's Q3 2024 report PR Newswire STOCKHOLM, Oct. 7, 2024 STOCKHOLM , Oct. 7, 2024 /PRNewswire/ -- Boliden will announce its Interim Report for the third quarter 2024 on Tuesday, October 22 , at 07:45 (CEST). A press and analyst conference will be held on the same day at 09:30, which also can be followed via webcast and telephone. The report will be presented by Boliden's President and CEO Mikael Staffas , and CFO Håkan Gabrielsson. Press and analyst conference...

Boliden and Komatsu deepen cooperation around fossil-free mining PR Newswire STOCKHOLM, Sept. 25, 2024 STOCKHOLM , Sept. 25, 2024 /PRNewswire/ -- For several years, Boliden and Komatsu have collaborated on the electrification and automation of mining trucks in the open pit copper mine Aitik. Now the collaboration is further deepened with a world premiere of a mining truck that can be converted to battery technology. In Aitik, electrified trolley systems have, separate from this cooperation, been...

Boliden: Update expansion project Odda and capital expenditure guidance 2025 PR Newswire STOCKHOLM, Sept. 12, 2024 STOCKHOLM , Sept. 12, 2024 /PRNewswire/ -- Since 2021, Boliden has carried out investments in the Odda zinc smelter with the aim of increasing the annual production volume from 200 to 350 ktonnes. Several of these investments are now largely completed, however, delays have occurred in the roasting facility in particular. This means that the ramp-up towards the new production level...

Boliden Q2 2024: Results affected by insurance income and decision to reopen Tara PR Newswire STOCKHOLM, July 19, 2024 STOCKHOLM , July 19, 2024 /PRNewswire/ -- "I would like to reemphasize our full focus on delivering all our investments in a good way. The future-proofing of operations we carry out in Aitik, the Boliden Area, Odda and Rönnskär will serve us well for many years to come" - Mikael Staffas, President and CEO. Financials • Revenues: SEK 22,748 m (18,442) • Operating profit:...

Invitation presentation of Boliden's Q2 2024 report PR Newswire STOCKHOLM, July 2, 2024 STOCKHOLM , July 2, 2024 /PRNewswire/ -- Boliden will announce its Interim Report for the second quarter 2024 on Friday July 19 at 07:45 (CEST). A press and analyst conference will be held on the same day at 09:30, which can be followed via webcast and telephone. The report will be presented by Boliden's President and CEO Mikael Staffas , and CFO Håkan Gabrielsson. To participate in the webcast, please use...

Report of payments to government agencies in 2023 PR Newswire STOCKHOLM, June 20, 2024 STOCKHOLM , June 20, 2024 /PRNewswire/ -- Boliden is today publishing its report of payments to government agencies in accordance with Swedish Law (2015:812) on the reporting of payments to government agencies. The report encompasses payments made to government agencies in Sweden , Finland and Ireland that pertain to extractive industry operations in 2023. For further information, please contact: Klas Nilsson...

Boliden: Agreement reached to reopen Tara PR Newswire STOCKHOLM, May 6, 2024 STOCKHOLM , May 6, 2024 /PRNewswire/ -- An agreement has been reached between worker´s unions and local management which enables the process of reopening the mine at Tara on a more financially sustainable basis. In July 2023 , the Tara mine was put in care and maintenance due to a combination of factors, including negative zinc price development, overall cost level and operational challenges. An agreement between...

Boliden: Confirmation of insurance claim for Rönnskär PR Newswire STOCKHOLM, May 3, 2024 STOCKHOLM , May 3, 2024 /PRNewswire/ -- After the fire that destroyed Rönnskär's tank house in June 2023 , Boliden has now received confirmation that the primary insurance company fully assumes its part of the insurance claim. Boliden will therefore report an income of SEK 2.4 billion affecting the result for the second quarter of 2024. Thereafter, the insurance proceeds are expected to be paid out over...

Boliden incorporates validated climate goals in sustainability linked credit facilities agreement PR Newswire STOCKHOLM, May 2, 2024 STOCKHOLM , May 2, 2024 /PRNewswire/ -- Boliden, as one of the first mining and metals companies in the world, has incorporated and linked climate goals validated by Science Based Targets initiative (SBTi) into an existing revolving credit facilities agreement (RCF). The RCF totals EUR 850 m and now includes Sustainability Performance Targets aligned with Boliden's...

Invitation presentation of Boliden's Q1 2024 report PR Newswire STOCKHOLM, April 9, 2024 STOCKHOLM , April 9, 2024 /PRNewswire/ -- Boliden will announce its Interim Report for the first quarter 2024 on Tuesday 23 April at 07:45 (CEST). A press and analyst conference will be held on the same day at 09:00, which can be followed via webcast and telephone. The report will be presented by Boliden's President and CEO Mikael Staffas , and CFO Håkan Gabrielsson. To participate in the webcast, please...

Total impact on Boliden from political strikes in Finland in the first quarter 2024 PR Newswire STOCKHOLM, March 22, 2024 STOCKHOLM , March 22, 2024 /PRNewswire/ -- A number of trade unions in Finland have carried out political strikes during the quarter, which have affected Boliden's access to critical infrastructure such as railway and harbors. The strikes do not involve Boliden as a negotiating party, and the impact on production has been limited. If the announced extension of the ongoing...

Impact on Boliden from political strike in Finland PR Newswire STOCKHOLM, March 11, 2024 STOCKHOLM , March 11, 2024 /PRNewswire/ -- A number of trade unions have announced a two-week long political strike in Finland starting March 11, 2024 . The strike is politically motivated and does not involve Boliden as a negotiating party. The direct industrial actions at Boliden's operations are limited, however, Boliden is heavily indirectly affected by industrial actions in Finland's harbors and...

Boliden enters into agreement with Hypex Bio for production and delivery of environmentally and climate-friendly explosives PR Newswire STOCKHOLM, March 8, 2024 STOCKHOLM , March 8, 2024 /PRNewswire/ -- As the first mining operator, Boliden has signed an agreement for the production and delivery of a newly developed explosive with significantly improved environmental and climate performance. As a result, the need for nitrogen treatment of water is strongly reduced and climate performance is...

Boliden publishes Annual and Sustainability Report 2023 PR Newswire STOCKHOLM, March 6, 2024 STOCKHOLM , March 6, 2024 /PRNewswire/ -- Boliden's Annual and Sustainability Report 2023 is now available at www.boliden.com . The report highlights the company's development and performance within areas such as productivity, investments, and sustainability. The theme of the report is Metals made in Europe . The printed version of the Annual and Sustainability Report will be available from April and...

Invitation Boliden's Virtual Capital Markets Update PR Newswire STOCKHOLM, March 4, 2024 STOCKHOLM , March 4, 2024 /PRNewswire/ -- Boliden is pleased to invite investors, analysts and financial media to our virtual Capital Markets Update on March 18, 2024 at 14:00-16:00 CET . The digital event includes a business update and an update on key projects with the opportunity to ask questions. Boliden will be represented by President and CEO, Mikael Staffas together with members of the Group...

Boliden: Mineral Resources and Mineral Reserves 2023 PR Newswire STOCKHOLM, Feb. 8, 2024 STOCKHOLM , Feb. 8, 2024 /PRNewswire/ -- "Increased Mineral Reserves in the Boliden Area has added equivalent to almost two years of production which is important for us. Also, exploration continues to give good results in Nautanen north of Aitik where we are working to eventually secure an environmental permit," says Stefan Romedahl, President Boliden Mines. The cost of exploration in 2023 was SEK 853 m...

Boliden: Q4 Interim Report and year-end report for 2023 PR Newswire STOCKHOLM, Feb. 8, 2024 STOCKHOLM , Feb. 8, 2024 /PRNewswire/ -- Q4 2023 Revenues totaled SEK 20,754 m (23,577) The operating profit totaled SEK 2,096 m (3,229) The operating profit, excluding the revaluation of process inventory, totaled SEK 2,017 m (3,190) Free cash flow totaled SEK 1,663 m (3,520) Earnings per share totaled SEK 6.06 (9.42) Good cash flow despite intensive investment period Weaker prices and terms Lower...