tiprankstipranks
Advertisement
Advertisement

Boliden Commits SEK 5.5 Billion to Boost Output and Cut Emissions at Swedish Sites

Story Highlights
  • Boliden will invest SEK 4 billion in a new Garpenberg hoist to sustain high mine output beyond 2030.
  • A SEK 1.5 billion Rönnskär demo plant will produce low-carbon SCMentum from smelter residues.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Claim 55% Off TipRanks

Boliden AB ( (SE:BOL) ) has provided an update.

Boliden has approved two major investments aimed at boosting productivity and sustainability at its Swedish operations in Garpenberg and Rönnskär. The company will spend SEK 4 billion on a new hoist system at the Garpenberg mine, enabling production of 4.5 million tonnes per year beyond 2030, enhancing flexibility and supporting future expansion based on its extensive mineral resources and reserves.

At the Rönnskär smelter, Boliden will invest SEK 1.5 billion between 2026 and 2028 in an industrial demonstration plant to produce SCMentum, a patented supplementary cementitious material derived from smelting residues. The facility is designed for 280,000 tonnes of annual capacity and is expected to meet the company’s return requirements while delivering less than five percent of the carbon emissions of traditional cement, underscoring Boliden’s push toward waste-free smelting and a lower climate footprint.

The most recent analyst rating on (SE:BOL) stock is a Buy with a SEK750.00 price target. To see the full list of analyst forecasts on Boliden AB stock, see the SE:BOL Stock Forecast page.

More about Boliden AB

Boliden AB is a European producer of sustainable metals operating across exploration, mining, smelting and recycling, with around 8,000 employees and annual revenues of about SEK 90 billion. Listed on the Large Cap segment of Nasdaq OMX Stockholm, the company focuses on climate-friendly metal production and reducing the environmental footprint of its operations.

Average Trading Volume: 1,419,906

Technical Sentiment Signal: Buy

Current Market Cap: SEK176.8B

Find detailed analytics on BOL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1