ABB advances electrification, automation at Boliden's Aitik copper facility [Yahoo! Finance]
BOLIDEN AB UNSP/ADR (BDNNY)
NASDAQ:AMEX Investor Relations:
boliden.com/investor-relations
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Source: Yahoo! Finance
Situated just south of Gällivare in northern Sweden, Atik is the largest open-pit copper mine in the country. The upgraded systems aim to improve water storage, recycling and monitoring capabilities, helping the mine scale up its operations in line with rising global copper demand. The International Energy Agency, under its Stated Policies Scenario, forecasts that worldwide demand for refined copper is expected to rise by around 22% by 2035. In response, Boliden is advancing sustainable mining practices at its Aitik copper mine, prioritising zero-harm tailings management and aligning with the Global Industry Standard on Tailings Management. ABB delivered rapidly deployable electrification and control solutions specifically designed to handle the sub-arctic climate in northern Sweden. The package comprises modular e-houses, medium and low-voltage switchgear, transformers, variable speed drives for pumping stations, and the ABB Ability System 800xA distributed control system
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