Financial Information from Boliden during Year 2005

Financial Information from Boliden during Year 2005

 9 February Full Year Report 2004
 27 April   Interim Report January-March 2005
            Annual General Meeting
 25 July    Interim Report January-June 2005
 25 October Interim Report January-September 2005
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 For further information, please contact: 
 Ulf Söderström, Senior VP Group Communications, telephone +46 8 610 15 57, +46 70 618 95 95
  
  
  
 Boliden is one of the leading mining and smelting companies in the world
 with operations in Sweden, Finland, Norway and Ireland.  Boliden's main
 products are copper, zinc, lead, gold and silver.Exploration and
 Recycling of Base Metals are also important within the company.The
 number of employees is approximately 4 500 and the turnover amounts to
 approximately EUR 2 billion annually. The Boliden share is quoted on the
 Stockholm Stock Exchange in Sweden as well as on the Toronto Stock
 Exchange in Canada.
                                                                         
 www.boliden.com

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.