Boliden to invest SEK 4.8B in new tank house at Ronnskar facility to boost refining capacity [Seeking Alpha]
BOLIDEN AB UNSP/ADR (BDNNY)
NASDAQ:AMEX Investor Relations:
boliden.com/investor-relations
Company Research
Source: Seeking Alpha
With the development, the new tank house will gradually increase Boliden's production of copper cathodes and precious metals to full capacity at the Ronnskar facility by the second half of 2026. The investment will be partially funded by a potential insurance payout of up to SEK 3.4 billion, and the project is scheduled to begin this year. Furthermore, the company said it's 2024 investments are expected to be SEK 15.5 billion, a SEK 1.5 billion increase from the previous communication, with approximately SEK 1 billion from Ronnskar and the remaining SEK 500 million from Odda. Recommended For You More Trending News Recommended For You More Trending News Related Stocks Trending Analysis Trending News
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