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STOCKHOLM, Dec. 5, 2025 /PRNewswire/ — Boliden publicizes its 2026 manufacturing steering for all seven mining gadgets, in addition to knowledge on ongoing funding initiatives and deliberate upkeep shutdowns in Industry Department Smelters.
“Higher grades in our open pit mines, together with the commissioning of strategically important projects, mean that we are looking ahead to 2026 with confidence. In Somincor and Zinkgruvan, intensified exploration programs have also been initiated, where we are firmly convinced of long-term value creation,” says Mikael Staffas, President and CEO.
Steerage for 2026
3
- Capital expenditure in 2026 is estimated to cut back on SEK 15 billion, of which investments in wastefulness rock mining, processing and ongoing dam elevating (mine maintaining) account for SEK 6.5 billion. The overall capital expenditure for 2025 and 2026 comprises some overrun within the Odda challenge.
- In Aitik, grades will support in the second one part of the while, contributing to a mean copper grade for the whole while of 0.18%. Throughput remains to be restricted by way of diorite intrusion however is estimated to extend to 41 Mtonnes.
- Within the Boliden Department, gold grades are anticipated to be rather not up to within the flow while, generation throughput is estimated to extend to one.8 Mtonnes.
- Garpenberg has acquired an expanded environmental allow. Even if the allow can also be appealed, Boliden have the fitting to extend manufacturing generation a possible attraction procedure is on-going. Throughput is estimated to extend to three.7 Mtonnes. The zinc grade is anticipated at 2.9%, generation the silver grade is anticipated at 95 g/tonne.
- At Kevitsa, the rise in mining tax is anticipated to extend prices by way of EUR 20-30 m. The copper grade will build up to 0.24%, generation the nickel grade and throughput will stay the similar as this while.
- Commissioning of the growth challenge in Odda has been extended by way of two months and primary feed is anticipated within the first quarter.
- The affect on running benefit of deliberate upkeep shutdowns in Industry Department Smelters is estimated at SEK -450 m.
2026 Boliden mine manufacturing steering
|
2026 moderate grades |
Milled quantity |
||||||||
|
Zn |
Cu |
Ni1 |
Au |
Ag |
|||||
|
% |
g/tonne |
Mtonnes |
|||||||
|
Aitik |
0.18 |
0.08 |
41 |
||||||
|
Boliden Department |
3.0 |
1.6 |
70 |
1.8 |
|||||
|
Garpenberg |
2.9 |
95 |
3.7 |
||||||
|
Kevitsa |
0.24 |
0.17 |
10 |
||||||
|
Somincor2, Cu |
1.7 |
2.3 |
|||||||
|
Somincor2, Zn |
6.7 |
2.2 |
|||||||
|
Tara |
5.6 |
1.8 |
|||||||
|
Zinkgruvan2, Zn |
7.0 |
1.1 |
|||||||
|
Zinkgruvan2, Cu |
2.0 |
0.3 |
|||||||
|
1 |
Nickel in Sulphides, Ni(S). |
||||||||
|
2 |
The grades reported are in step with head grade in every ore kind. |
||||||||
Fix changes in Rönnskär smelter This fall 2025
- In Rönnskär, a last evaluation of steel medications within the destroyed tankhouse is being finalized. On the identical month, estimated medications within the brandnew subject material flows were adjusted. In overall, that is anticipated to manage to a good one-time adjustment of running benefit of roughly SEK 400 m within the fourth quarter of 2025.
Media and monetary analyst convention
Friday, December 5, at 09:00 (CET)
Reside webcast: https://boliden.videosync.fi/2025-12-05-2026-guidance-release
Convention name: https://service.flikmedia.se/teleconference/?id=5008209
Later the decision, presentation subject material and the recorded webcast might be to be had on our website online: www.boliden.com
3All comparisons in comparison to 2025 steering
For additional knowledge, please touch:
Klas Nilsson
Director Workforce Communications
+46 70 453 65 88
[email protected]
This knowledge is knowledge that Boliden AB is obliged to build crowd pursuant to the EU Marketplace Abuse Legislation. The guidelines used to be submitted for newsletter, in the course of the company of Director Workforce Communications, at 07.45 CET on December 5, 2025.
This knowledge used to be dropped at you by way of Cision http://news.cision.com
https://news.cision.com/boliden/r/boliden-guidance,c4277016
Refer to recordsdata are to be had for obtain:
SOURCE Boliden
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