Strong Profit and Cash Flow
Boliden reported a profit of 3.8 billion Swedish Krona, including a one-off insurance claim of 935 million Krona. The free cash flow was strong, at over 4 billion Swedish Krona.
Successful Project Completions
The dam project in Aitik was completed on time and on budget, with a total investment of 5 billion Swedish Krona. The Kristineberg expansion is moving ahead, and the Rönnskär tankhouse project is on track.
Record Production in Smelters
Harjavalta achieved record production during the quarter, and the overall smelter operations had a strong performance.
ESG Achievements
Boliden reduced its greenhouse gas emissions and improved its lost time injury frequency rate to 2.3.
Positive Market Developments
Zinc prices increased, and a strong gold price benefited the company.
Exploration Success
Significant exploration progress in Garpenberg with a large increase in mineral resources.