Consequence of industrial action in Finland

The Finnish Industrial Union has launched industrial actions at national level that affects Boliden's copper and nickel smelter in Harjavalta, the zinc smelter in Kokkola and the nickel and copper mine in Kevitsa. According to the notice, the actions will continue until December 12. In parallel, industrial actions are also underway at national level among electricians that affects the zinc smelter in Kokkola. The industrial actions are expected to have a negative impact on operating profit amounting of approximately 10 MEUR in the event that they are carried out in its entirety.

 
For further information, please contact:

Klas Nilsson, Director Group Communication, 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 about 5 800 employees and an annual sales of SEK 50 billion. Boliden's shares are listed in the Large Cap segment on NASDAQ OMX Stockholm.

 www.boliden.com

More press releases & news

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.

In connection with the increase in seismic activity to abnormal levels in the