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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.
