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Boliden Seeks EU Strategic Status for Nautanen Copper Project to Bolster Green Transition

Story Highlights
  • Boliden has asked the EU to classify its Nautanen copper deposit as a strategic project.
  • The planned Nautanen underground satellite mine could start early 2030s, boosting sustainable EU copper supply.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boliden Seeks EU Strategic Status for Nautanen Copper Project to Bolster Green Transition

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An announcement from Boliden AB ( (SE:BOL) ) is now available.

Boliden has applied to the European Commission to have its Nautanen copper deposit in central Norrbotten designated as a strategic project under the EU’s Critical Raw Materials Act, aiming to strengthen the bloc’s secure supply of copper. The company envisions Nautanen as an underground satellite mine to its existing Aitik copper mine, leveraging existing milling and tailings infrastructure to limit environmental impact and targeting annual extraction of 2–3 million tonnes over an estimated 20‑year mine life, with production potentially starting in the early 2030s pending feasibility results and permitting, underscoring copper’s strategic importance for Europe’s green transition and Boliden’s positioning in sustainable metals supply.

The most recent analyst rating on (SE:BOL) stock is a Buy with a SEK661.00 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 with operations spanning exploration, mining, smelting and recycling, focused on climate-friendly production of key raw materials. The company employs around 8,000 people, generates annual revenues of approximately SEK 90 billion, and is listed in the Large Cap segment of Nasdaq OMX Stockholm.

Average Trading Volume: 1,141,530

Technical Sentiment Signal: Buy

Current Market Cap: SEK167.8B

See more data about BOL stock on TipRanks’ Stock Analysis page.

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