OTC-PINK:BDNNY

Boliden: Agreement reached to reopen Tara

Retrieved on: 
Monday, May 6, 2024
Zinc, EUR, TC, FTE, Work, Transport

STOCKHOLM, May 6, 2024 /PRNewswire/ -- An agreement has been reached between worker´s unions and local management which enables the process of reopening the mine at Tara on a more financially sustainable basis.

Key Points: 
  • STOCKHOLM, May 6, 2024 /PRNewswire/ -- An agreement has been reached between worker´s unions and local management which enables the process of reopening the mine at Tara on a more financially sustainable basis.
  • In July 2023, the Tara mine was put in care and maintenance due to a combination of factors, including negative zinc price development, overall cost level and operational challenges.
  • An agreement between worker´s unions and local management, to significantly improve ways of work and productivity, has now been secured.
  • In connection to the decision to reopen the Tara mine, exploration activities towards the Tara Deep deposit will be reinitiated during the second half of 2024.

Boliden: Confirmation of insurance claim for Rönnskär

Retrieved on: 
Friday, May 3, 2024
Boliden, Insurance

STOCKHOLM, May 3, 2024 /PRNewswire/ -- After the fire that destroyed Rönnskär's tank house in June 2023, Boliden has now received confirmation that the primary insurance company fully assumes its part of the insurance claim.

Key Points: 
  • STOCKHOLM, May 3, 2024 /PRNewswire/ -- After the fire that destroyed Rönnskär's tank house in June 2023, Boliden has now received confirmation that the primary insurance company fully assumes its part of the insurance claim.
  • Boliden will therefore report an income of SEK 2.4 billion affecting the result for the second quarter of 2024.
  • At the time of the fire, Rönnskär's total insurance coverage amounted to SEK 3.4 billion, split between a primary insurance with a limit of SEK 2.4 billion, and an excess insurance applicable on top of the primary insurance, with an additional coverage of SEK 1 billion.
  • After this confirmation, the excess insurance claim process, as well as discussions with the primary insurance company around the payment plan, will continue.

Boliden incorporates validated climate goals in sustainability linked credit facilities agreement

Retrieved on: 
Thursday, May 2, 2024
Science, Mining, Science Based Targets initiative, Global warming potential, Metal, RCF, Climate, Renewable energy

STOCKHOLM, May 2, 2024 /PRNewswire/ -- Boliden, as one of the first mining and metals companies in the world, has incorporated and linked climate goals validated by Science Based Targets initiative (SBTi) into an existing revolving credit facilities agreement (RCF).

Key Points: 
  • STOCKHOLM, May 2, 2024 /PRNewswire/ -- Boliden, as one of the first mining and metals companies in the world, has incorporated and linked climate goals validated by Science Based Targets initiative (SBTi) into an existing revolving credit facilities agreement (RCF).
  • The RCF totals EUR 850 m and now includes Sustainability Performance Targets aligned with Boliden's climate goals, being emission reductions corresponding to 42 percent (Scope 1 and 2) as well as emission reductions of 30 percent (Scope 3) by 2030, base year 2021.
  • To support Boliden's vision to be the most climate friendly and respected metal provider in the world, we are now pleased to continue on this journey by linking our performance on our sustainability targets to the interest rate of our revolving credit facilities agreement."
  • Skandinaviska Enskilda Banken AB (publ) acted as the sustainability coordinator to support Boliden in the structuring of the Sustainability Performance Targets.

Invitation presentation of Boliden's Q1 2024 report

Retrieved on: 
Tuesday, April 9, 2024
ID, Webcast, Telephone, CFO, Broadcasting

STOCKHOLM, April 9, 2024 /PRNewswire/ -- Boliden will announce its Interim Report for the first quarter 2024 on Tuesday 23 April at 07:45 (CEST).

Key Points: 
  • STOCKHOLM, April 9, 2024 /PRNewswire/ -- Boliden will announce its Interim Report for the first quarter 2024 on Tuesday 23 April at 07:45 (CEST).
  • A press and analyst conference will be held on the same day at 09:00, which can be followed via webcast and telephone.
  • The report will be presented by Boliden's President and CEO Mikael Staffas, and CFO Håkan Gabrielsson.
  • After the call, presentation material and the recorded webcast will be available on our website: https://www.boliden.com/

Boliden's capital market update: Investment in new tank house at Rönnskär

Retrieved on: 
Monday, March 18, 2024
Carbon, EUR, Boliden AB, Capital, Patent, Recycling, Boliden, Climate, News, Insurance, Nickel, Investment, Safety, Courage, Mining

STOCKHOLM, March 18, 2024 /PRNewswire/ -- Boliden has decided to invest in a new tank house at Rönnskär.

Key Points: 
  • STOCKHOLM, March 18, 2024 /PRNewswire/ -- Boliden has decided to invest in a new tank house at Rönnskär.
  • "All of our major investment projects are on schedule and are now approaching commissioning, which is very pleasing.
  • It also gives us the opportunity to look ahead and now we present several decisions that create a corresponding situation for Rönnskär and the Boliden Area.
  • Boliden has decided to invest SEK 4.8 billion in a new tank house at Rönnskär.

Boliden enters into agreement with Hypex Bio for production and delivery of environmentally and climate-friendly explosives

Retrieved on: 
Friday, March 8, 2024
Courage, Climate, Carbon accounting, Garpenberg, Carbon, Safety, Capital, Water, CO2, Recycling, Environment

As the first mining operator, Boliden has signed an agreement with the Swedish explosives supplier Hypex Bio regarding the production and delivery of nitrate-free and environmentally friendly explosives to Kankbergsgruvan, Boliden.

Key Points: 
  • As the first mining operator, Boliden has signed an agreement with the Swedish explosives supplier Hypex Bio regarding the production and delivery of nitrate-free and environmentally friendly explosives to Kankbergsgruvan, Boliden.
  • The agreement means that Boliden and Hypex will cooperate on the production and delivery of nitrate-free and environmentally friendly explosives to the Kankberg mine, which includes the establishment of a production facility at the mine as well as a delivery and service agreement.
  • The supply and service agreement for Hypex's explosives solution spans five years starting in 2024.
  • The collaboration between Hypex Bio and Boliden has been ongoing since 2020, where the nitrate-free explosive has been developed and tested in the Kankberg mine.

Boliden publishes Annual and Sustainability Report 2023

Retrieved on: 
Wednesday, March 6, 2024
Sustainability, TCFD, Mining, Courage, Sustainability accounting, Investment, Boliden AB, United Nations Global Compact, Capital, ICMM, International Council, Task force, Recycling, Annual, Publication, GRI

The report highlights the company's development and performance within areas such as productivity, investments, and sustainability.

Key Points: 
  • The report highlights the company's development and performance within areas such as productivity, investments, and sustainability.
  • The printed version of the Annual and Sustainability Report will be available from April and distributed to the shareholders who have previously subscribed to printed publications.
  • In addition, Boliden's audited Sustainability Index, in accordance with the Global Reporting Initiative (GRI) Standards, has been published.
  • Since 2021, Boliden also reports in accordance with the Sustainability Accounting Standards Board (SASB) and the International Council on Mining and Metals (ICMM).

Boliden: Q4 Interim Report and year-end report for 2023

Retrieved on: 
Thursday, February 8, 2024
Interim, Courage, Capital, Recycling, Boliden AB

Please find enclosed the full Interim Report.

Key Points: 
  • Please find enclosed the full Interim Report.
  • The Interim Report will be presented via a webcast/conference call on Thursday, February 8 at 09:30 (CET).
  • This information is information that Boliden AB is obliged to make public pursuant to the EU Market Abuse Regulation.
  • The information was submitted for publication, through the agency of Director Investor Relations, at 07.45 CET on February 8, 2024.

Boliden's fourth quarter: Good cash flow despite intensive investment period

Retrieved on: 
Thursday, February 8, 2024
Copper, Nickel, Courage, Silver, Recycling, Capital, Garpenberg

Free cash flow totaled SEK 1,663 m (3,520), despite a record investment level.

Key Points: 
  • Free cash flow totaled SEK 1,663 m (3,520), despite a record investment level.
  • "I am happy to see several quarterly records in our smelting operations as well as good development in our investment projects.
  • On top of that we are of course pleased with the underlying cash flow during the quarter," says Mikael Staffas, President and CEO.
  • Kokkola's production of casted zinc was higher the previous quarter while production of silver in concentrate reached a new record.

Invitation - Presentation of Q4 2023 Interim Report

Retrieved on: 
Thursday, January 25, 2024
Telephone, CFO, ID, Webcast

STOCKHOLM, Jan. 25, 2024 /PRNewswire/ -- Boliden will announce its Interim Report for the fourth quarter 2023 on Thursday, February 8, at 07:45 (CET).

Key Points: 
  • STOCKHOLM, Jan. 25, 2024 /PRNewswire/ -- Boliden will announce its Interim Report for the fourth quarter 2023 on Thursday, February 8, at 07:45 (CET).
  • A press and analyst conference will be held on the same day at 09:30.
  • The report will be presented by Boliden's President and CEO Mikael Staffas, and CFO Håkan Gabrielsson.
  • After the call, presentation material and the recorded webcast will be available on our website: www.boliden.com/investor-relations