Boliden's capital market update: Investment in new tank house at Rönnskär [Yahoo! Finance]
BOLIDEN AB UNSP/ADR (BDNNY)
NASDAQ:AMEX Investor Relations:
boliden.com/investor-relations
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Source: Yahoo! Finance
The investment, which totals SEK 4.8 billion , means that production of copper cathodes as well as precious metals will gradually increase to full capacity during the second half of 2026. In parallel, further investments are being presented today, including extended lifespan of operations within the Boliden Area, as well as an updated investment guidance for 2024. "All of our major investment projects are on schedule and are now approaching commissioning, which is very pleasing. Through these, both Aitik and Odda are future-proofed for the foreseeable future. It also gives us the opportunity to look ahead and now we present several decisions that create a corresponding situation for Rönnskär and the Boliden Area. In addition, we are announcing a technical breakthrough that has the potential to become a new and significant revenue stream for our smelters", says Mikael Staffas, President and CEO. New tank house in Rönnskär Boliden has decided to invest SEK 4.8 billion in a new tan
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