Boliden publishes Annual and Sustainability Report 2020

Boliden's Annual and Sustainability Report for 2020 is now available at www.boliden.com.

Boliden's Annual and Sustainability Report 2020 highlights the company's new vision to be the most climate friendly and respected metal provider in the world as well as the newly established corporate values. The printed version of the Annual and Sustainability Report will be available from 30 March and distributed to the shareholders who have requested it.

In addition, a sustainability index in accordance with the Global Reporting Initiatives (GRI) Standards has been published. It also includes Boliden's communication on progress (COP) in relation to the UN Global Compact's ten principles as well as the disclosure to the Task Force on Climate-related Financial Disclosures (TCFD).

This information is such that Boliden AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 09.00 CET on 10 March 2021.

 

For further information, please contact:

Klas Nilsson, Director Group Communications, tel.: +46 70 453 65 88

Boliden is a metals company with a focus on sustainable development. Our roots are Nordic, our market global. Our core competence lies within the fields of exploration, mining, smelting and metal recycling. Boliden has around 6,000 employees and an annual turnover of SEK 50 billion. The share is listed in the Large Cap segment on NASDAQ OMX Stockholm.

More press releases & news

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.

The shareholders of Boliden AB (p

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.