Boliden has both the expertise and financial position to develop mining and smelting operations.
Our employees carry a valuable cultural heritage of almost a century of experience from mining and smelting operations. The value chain from mines to smelters creates synergies between the business areas and increases stability in the Group’s earnings potential. This stability is reinforced by the tendency of treatment charges to move in the opposite direction to variable base metal prices. Over time, precious metal prices also tend to have a negative correlation to those of base metals, and this increases the stability of the Group’s earnings potential. Production takes place in northern Europe, where political risk is low. Project management is run in-house with a focus on safety, production stability and technological development.
Boliden strives to maintain a healthy balance sheet and has defined financial targets that are adapted to prepare for market fluctuations, value-creating investments and competitive dividends to shareholders.
Boliden’s most important mines have long lifespans and the focus lies on mine-site exploration where the economic potential is the greatest. Acquisitions are made selectively, if and when the right opportunity arises.
