Boliden cuts zinc production

Due to decline in demand Boliden is reducing the Groups production of zinc metal at its Finnish and Norwegian smelters. The effect is a reduction by 60 000 tonnes of zinc metal on an annual basis and a temporary lay off of some 50 co-workers. The measures will be effective immediately.

In 2007 the Boliden Group produced some 460 000 tonnes of zinc.

For further information, please contact:

Svante Nilsson, President Business Area Smelters, ph: +46 (0)8 610 1527
Marcela Sylvander, Manager Group Communications, Boliden AB, ph: +46 (0)8 610 15 59,
+46 (0)733 244 551
Stefan Lundewall, IR, Boliden AB, ph: +46 8 610 1520, +46 70 208 3213

Boliden is a leading European metals company whose core competence is in the fields of exploration, mining, smelting and recycling. Boliden's main metals are zinc and copper. Other important metals extracted and refined include lead, gold and silver. The operations are conducted in three Business Areas: Market, Smelters and Mines. The number of employees is approximately 4 500 and the turnover amounts to approximately EUR 3.6 billion annually. Its shares are listed on Stockholmsbörsen's Large Cap list and on the Toronto Stock Exchange in Canada.
www.boliden.com

Downloads

More press releases & news

Consequences of abnormal seismic activity at the Garpenberg mine

The abnormally high seismic activity in Garpenberg has decreased and mining production at low levels will commence in the second quarter. The first quarter throughput was just under 0.8 Mton instead of the expected slightly over 0.9 Mton at already communicated grades. All inspections are not yet complete but production in the most affected part of the mine is not expected to resume in 2026. Until further notice, Garpenberg's production is therefore estimated to be around 30 percent of the guided capacity of 3.7 Mton per year. For the first quarter of 2026, EBITDA will be negatively affected by approximately SEK -400 million at today's prices and terms.

Read more
Invitation to the Annual General Meeting of Boliden AB (publ)

The shareholders of Boliden AB (p

Read more
Boliden's capital market update: Future-focused investments in Garpenberg and Rönnskär

Boliden has decided to invest in a new hoist system at Garpenberg and an industrial demonstration plant for the production of supplementary cementitious material at Rönnskär. The investments, which amount to SEK 4 billion and SEK 1.5 billion respectively, will strengthen the earnings capacity of both units and lay the foundation for exploiting further future opportunities.

Read more