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    BOL   SE0012455673

BOLIDEN AB

(BOL)
Delayed Nasdaq Stockholm  -  05:38 2021-06-03 am EDT
344.40 SEK   -0.69%
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Boliden signs agreement with Metso Outotec regarding expansion of Odda

12/22/2021 | 09:31am EDT

Boliden has signed an agreement with Metso Outotec regarding the expansion investment in Odda zinc smelter. The agreement includes, among other things, a roasting plant, sulfuric acid plant, leaching technology and engineering services. The expansion investment in Odda will take place between 2021 - 2024. 

"The expansion of Boliden Odda means a new standard for zinc smelting in both sustainability performance and cost efficiency. We follow our plan and are confident that the collaboration with Metso Outotec will contribute to our development towards producing more zinc with the world's best climate profile, says Daniel Peltonen, President Business Area Smelters, Boliden."

The production capacity in Boliden Odda will increase from the current 200,000 tonnes to 350,000 tonnes per annum. Commissioning of the new capacity has been decided for Q4 2024. The agreement with Metso Outotec amounts to 150 MEUR and is included in a previously announced investment of 700 MEUR for the expansion of the smelter in Odda, most of which will be implemented in 2022 and 2023.

For further information, please contact:
Klas Nilsson, Director Group Communications, phone: +46 70-453 65 88
Mail: klas.nilsson@boliden.com

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 60 billion. The share is listed in the Large Cap segment on NASDAQ OMX Stockholm. 

https://news.cision.com/boliden/r/boliden-signs-agreement-with-metso-outotec-regarding-expansion-of-odda,c3477173

https://mb.cision.com/Main/997/3477173/1513622.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

Stocks mentioned in the article
ChangeLast1st jan.
METSO OUTOTEC OYJ -2.13% 8.164 Delayed Quote.-10.76%
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Managers and Directors
Mikael Staffas President & Chief Executive Officer
Hňkan Gabrielsson Chief Financial Officer
Anders Gerhard Ullberg Chairman
Gustaf Michael L÷w Independent Director
Elisabeth Nilsson Independent Director