Boliden reports a profit after financial items of SEK 111 million (SEK -3,756 m) for the full year, 2002.
The profit after financial items for the fourth quarter of 2002 totalled SEK 78 million (SEK -320 m).
Cash flow improved significantly during the fourth quarter to SEK 466 million. Cash flow for 2002 totalled SEK -14 million (SEK 391 m).
The Business Area Mining Operations reports a continued improvement in profits for the fourth quarter in comparison with the first two quarters of 2002.
Today, the world's most climate-efficient zinc smelter is inaugurated. In recent years, Boliden has made extensive investments with the aim of nearly doubling zinc production at Boliden Odda in Norway. The inauguration is a key milestone as it is Boliden's largest investment to be completed and one of Norway's largest industrial investments on the mainland ever.
The Nomination Committee of Boliden AB (publ) proposes that Victoire de Margerie is elected as new Board Member at the Annual General Meeting ("AGM") on April 23, 2025. Further, the Nomination Committee proposes re-election of all current Board Members
In connection with a new pushback in Aitik, production challenges have arisen as a result of high deposits of the very hard rock type diorite. The occurrences create challenges and mean that the production rate for the first quarter is estimated to be just over 9 Mtonnes. For the full year 2025, production is estimated at close to 40 Mtonnes. The copper grade is estimated at 0.16%, which is in line with what was previously communicated.