Boliden enters into agreement with Hypex Bio for production and delivery of environmentally and climate-friendly explosives
BOLIDEN AB UNSP/ADR (BDNNY)
NASDAQ:AMEX Investor Relations:
boliden.com/investor-relations
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Source: PR Newswire
STOCKHOLM, March 8, 2024 /PRNewswire/ -- As the first mining operator, Boliden has signed an agreement for the production and delivery of a newly developed explosive with significantly improved environmental and climate performance. As a result, the need for nitrogen treatment of water is strongly reduced and climate performance is improved by around 400 tons of CO2 per year."For us, it is important to be part of technology development in many areas and when it is successful, we also want to be early with implementation. Together with the electrification of transport and other machines, this means another important step towards being able to conduct mining operations that are, in principle, fossil-free, says Peter Bergman, General Manager of The Boliden area.As the first mining operator, Boliden has signed an agreement with the Swedish explosives supplier Hypex Bio regarding the production and delivery of nitrate-free and environmentally friendly explosives to Kankbergsgruvan, Boliden
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