Boliden AB

https://www.boliden.com/

Boliden AB is a Swedish multinational metals, mining, and smelting company headquartered in Stockholm, Sweden. The company's core business revolves around the exploration, extraction, processing, and recycling of base and precious metals. Its mission is "to provide the metals essential to improve society for generations to come," emphasizing a commitment to sustainable and responsible operations.

Boliden's key products include zinc, copper, lead, nickel, silver, and gold, along with by-products such as sulphuric acid and platinum group metals. The company operates through two main segments: Business Area Mines and Business Area Smelters, with operations spanning Sweden, Finland, Norway, Portugal, and Ireland. It serves critical market segments such as construction, power grids, electric vehicles (EVs), and electronics, positioning itself as a leading European producer of sustainable metals.

Recent notable developments include a solid performance in Q1 2026, with operating profit increasing by 70% year-over-year, driven by stronger metal prices and robust mine production in Aitik and Kevitsa. Mikael Staffas has served as the President and CEO since June 2018. In March 2026, the Garpenberg mine experienced abnormal seismic activity, leading to a production halt and an asset write-down. Despite this, strategic projects like the Odda expansion and the Rönnskär tankhouse project are progressing. Boliden also expanded its portfolio in April 2025 with the acquisition of the Somnicor and Zinkgruvan mines from Lundin Mining.

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CID: 2099