Boliden boosts zinc capacity at Odda
November 10 2014 - 4:16AM
Business Wire
Regulatory News:
Boliden has taken the decision to increase capacity at its Odda
zinc smelter in Norway from 170,000 to 200,000 tonnes of zinc per
annum. The facility is expected to achieve the new capacity level,
which entails an investment totalling NOK 350 million, in the
latter half of 2016.
Boliden Odda has successfully improved its cost position in
recent years, with the help of an extensive action programme. In
order to further boost the facility’s position and to make maximum
use of the zinc smelter’s capacity, further improvement areas have
been identified.
“Previous investments have resulted in a more concentrated
production flow, thanks to our ability to increase capacity in some
processes and close others. Based on the favourable market climate
for zinc, we have decided to invest in debottlenecking several
process steps which will increase Boliden Odda’s capacity and boost
its competitiveness,” says Kerstin Konradsson, President Boliden
Smelters.
Boliden is a metals company with a commitment to sustainable
development. Our roots are Nordic, but our business is global. The
company’s core competence is within the fields of exploration,
mining, smelting and metals recycling. Boliden has a total of
approximately 4,800 employees and a turnover of SEK 34 billion. Its
shares is listed on NASDAQ OMX Stockholm, segment Large Cap.
www.boliden.com
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