Boliden invests in improved logistics for Harjavalta smelter
Boliden announced a significant 40 MEUR investment in enhancing infrastructure at the Port of Pori to improve concentrate handling to Harjavalta.
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Rhea-AI Summary
Boliden announced a significant 40 MEUR investment in enhancing infrastructure at the Port of Pori to improve concentrate handling to Harjavalta. This initiative, part of a larger investment plan exceeding SEK 7 billion in 2021, focuses on upgrading environmental performance and operational efficiency. Key developments include the construction of a new weighing and sampling facility, a warehouse, and improvements to quay infrastructure, all expected to be operational by early 2023. The investment aims to bolster productivity, competitiveness, and sustainability.
Positive
- Investment of 40 MEUR to enhance Port of Pori infrastructure.
- Improvements expected to boost productivity and environmental standards.
- SEK 7 billion total investment plan for 2021 indicates strong growth strategy.
Negative
- None.
Details
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BOLIDEN, Sweden, June 23, 2021 /PRNewswire/ -- Boliden has decided to invest 40 MEUR in long-term improvements of infrastructure at the Port of Pori, thus improving conditions for handling of concentrates to Harjavalta. The investment will be carried out during 2021-2022 and the facilities will be operational in the beginning of 2023.
To improve the standard of operations at Port of Pori, Boliden has decided to invest in improved environmental performance as well as commercial handling. The investment includes building a weighing and sampling facility and a new warehouse. In addition, the Port of Pori carries out investment to a new quay and its infrastructure.
"Through the infrastructure modernization of the Port of Pori, we are taking further steps in strengthening our productivity and competitiveness as well as contributing to our strong environmental performance," says Daniel Peltonen, President of Business Area Smelters.
The investment is within the framework of Boliden's total investment plan at just over SEK 7 billion in 2021.
For further information, please contact:
Klas Nilsson, Director Group Communications, tel: +46 (0)70-453 65 88
Timo Rautalahti, General manager, Boliden Harjavalta Oy, tel: +358(0)50-598 7620
Boliden is a metals company with a focus on sustainable development. Our roots are Nordic, our market global. Our core competence lies within the fields of exploration, mining, smelting and metal recycling. Boliden has around 6,000 employees and an annual turnover of SEK 50 billion. The share is listed in the Large Cap segment on NASDAQ OMX Stockholm.
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The following files are available for download:
Press release (PDF) |
View original content:http://www.prnewswire.com/news-releases/boliden-invests-in-improved-logistics-for-harjavalta-smelter-301318075.html
SOURCE Boliden
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