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Boliden AB (BDNNY) is a leading European producer of sustainable metals through integrated mining, smelting, and recycling operations. This page serves as a comprehensive resource for stakeholders tracking the organization’s strategic developments, operational milestones, and industry leadership.
Access authoritative updates on earnings reports, infrastructure investments, and technological innovations such as low-carbon metal production. Users can expect coverage of acquisitions, sustainability initiatives, and operational enhancements across Boliden’s mining and processing facilities.
Explore press releases detailing advancements in copper and zinc production, recycling breakthroughs, and environmental performance metrics. The curated news collection supports informed analysis of Boliden’s market position and long-term value drivers.
Bookmark this page for streamlined access to BDNNY’s official communications and third-party analyses, ensuring you remain informed about one of Europe’s most resource-efficient metals producers.
Boliden's Q2 2024 results show significant improvement, with revenues rising to SEK 22,748 m from SEK 18,442 m in the previous year. The operating profit surged to SEK 4,814 m, largely due to SEK 2,400 m in insurance income related to the Rönnskär fire. Excluding process inventory revaluation, operating profit was SEK 4,000 m. Earnings per share increased to SEK 13.20 from SEK 1.90. The company saw improved metal prices but lower treatment charges and premiums. Notable events include the decision to reopen Tara mine, incurring a restructuring cost of SEK -358 m, and the start of production at Aitik's satellite pit, Liikavaara. Garpenberg achieved record milled volume, while overall milled volumes decreased, primarily due to Tara's care and maintenance status.
Boliden will release its Q2 2024 Interim Report on July 19 at 07:45 CEST. The report will be presented in a press and analyst conference later the same day at 09:30, hosted by President and CEO Mikael Staffas and CFO Håkan Gabrielsson. The event will be accessible via webcast and telephone. Participants are required to register in advance to receive the access details. The recorded webcast and presentation materials will be made available on Boliden’s website post-conference.
Boliden has published its 2023 report on payments to government agencies in accordance with Swedish Law (2015:812). The report includes payments made to government agencies in Sweden, Finland, and Ireland related to Boliden's extractive industry operations. The release was made public as required by the Securities Markets Act, with information submitted at 11.00 CEST on June 20, 2024. For more details, contact Klas Nilsson, Director of Group Communications.
An agreement has been reached to reopen the Tara mine in a more financially sustainable manner after being put in care and maintenance in July 2023. The agreement includes an optimized mining plan, organizational redesign, and reduction in employees to improve productivity and reduce costs. Despite one-off restructuring costs negatively impacting the second quarter of 2024, the mine is expected to resume full production by January 2025.
Boliden has received confirmation that the primary insurance company will fully cover the insurance claim for Rönnskär's tank house fire, resulting in an income of SEK 2.4 billion for the second quarter of 2024. The total insurance coverage for Rönnskär was SEK 3.4 billion, with a primary insurance limit of SEK 2.4 billion and an excess insurance of SEK 1 billion. Discussions on the payment plan are ongoing.
Boliden, a leading mining and metals company, has integrated climate goals validated by the Science Based Targets initiative into its existing credit facilities agreement. The agreement now includes sustainability targets for emission reductions by 2030, aligning with Boliden's vision to be a climate-friendly metal provider.
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