New Members of Boliden's Executive Management Group

Chief Financial Officer

Jan Öhman has been appointed Chief Financial Officer of Boliden AB effective May 1, 2003.

Jan Öhman, 42 years old, was Group Controller at Boliden's head office in Stockholm, and was previously Controller of Boliden Limited in Toronto. Before moving to Toronto Jan Öhman was Financial Manager at the Aitik mine.

Vice President Mining Operations

Svante Nilsson has been appointed Vice President Mining Operations effective August 2003.

Svante Nilsson, 47 years old, comes to Boliden after having held the position of Vice President Production at Atlas Copco Secoroc. Previously, he held different positions within the ABB Group. Svante Nilsson will be replacing Bo-Johan Nilsson as Vice President Mining Operations in August, at which time Bo-Johan Nilsson will have reached pension age. Bo-Johan Nilsson will, however, continue to work with specific assignments within Boliden after the above-mentioned date.

For further information please contact:
Jan Johansson, President and CEO, telephone +46 8 610 16 02, +46 70 555 02 02
Ulf Söderström, Vice President Public Relations, telephone +46 8 610 15 57, +46 70 618 95 95

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.