Record Production in Aitik
Achieved a record production in Aitik, producing at a 40 million tonne pace, which is aligned with the company's guidance.
Strong Free Cash Flow
Reported a free cash flow of SEK 2 billion excluding acquisition proceeds, with significant contribution from insurance income.
ESG Improvements
The company made progress in reducing lost time injuries and sick leave trends are improving post-COVID.
Successful Acquisition and Integration
Integration of Lundin mines (Somincor and Zinkgruvan) is proceeding well, contributing to volume increases.
Strong Smelter Performance
The smelting division delivered close to SEK 600 million in a challenging quarter with low treatment charges.
Balance Sheet Strength
Maintained net debt to equity below 30% post-acquisition, indicating a robust balance sheet.