Boliden to recruit President for Business Area Smelters

Boliden is seeking a new President for Business Area Smelters as Svante Nilsson is due to be named Director Group Strategic Projects.

"Right now, Boliden is in an active developmental phase. We have some major expansion projects behind us and numerous others ahead. We need to increase our operative resources within strategic projects, and Svante Nilsson is the obvious man for the job considering his wide experience and in-depth knowledge of our industry," explains Boliden's President, Lennart Evrell.

The recruitment process has begun, and Svante Nilsson will remain in his current position until the process has been finalised.

For further information, please contact:

Marcela Sylvander, Director Group Communications, Boliden AB,
tel: +46 8-610 1559, +46 733-244 551

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 two Business Areas: Mines and Smelters. The number of employees is approximately 4 400 and the turnover in 2010 amounted to approximately SEK 37 billion. Its shares are listed on NASDAQ OMX Stockholm, segment Large Cap and on the Toronto Stock Exchange in Canada.

www.boliden.com

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