Boliden AB
Boliden AB (stylized as New Boliden) is a Swedish multinational metals, mining, and smelting company headquartered in Stockholm. The company produces zinc, copper, lead, nickel, silver, and gold, with operations in Sweden, Finland, Norway, and Ireland.
| Company type | Publicly traded Aktiebolag |
|---|---|
Traded as | Nasdaq Stockholm: BOL |
| ISIN | SE0000869646 |
| Industry | Metals and Mining |
| Founded | 1924 |
| Headquarters | Stockholm, Sweden |
Key people | Karl-Henrik Sundström (Chairman) Mikael Staffas (President and CEO) |
| Products | Copper, zinc, nickel, lead, precious metals, sulphuric acid, PGM, iron sand |
| Revenue | 78.554 billion kr (2023) |
| 8.287 billion kr (2023) /> | |
Net income | 6.074 billion kr (2023) /> |
| Total assets | 101.957 billion kr (2023) /> |
| Total equity | 56.420 billion kr (2023) /> |
Number of employees | 5,664 (2023) /> |
| Website | www |
Boliden is linked to a major environmental disaster in Spain and is also accused of threatening human rights defenders following the disposal of toxic waste in Chile.
In 2003, in a major deal, Boliden acquired Outokumpu's mining and smelting assets within zinc and copper. The company name comes from the Boliden mine, some 30 km northwest of the Swedish town of Skellefteå, where gold was found in 1924. It was once Europe's largest and richest gold mine, but has since 1967 been defunct.
In 2020, Boliden Mineral AB became the first company in Sweden to issue a Strategic Lawsuit Against Public Participation. UN Human Rights experts from OHCHR (Office of the High Commissioner on Human Rights at the United Nations) wrote to the managing director of Boliden to convey concerns of alleged ongoing breaches of human rights, including ‘intimidation and threat [against] human rights defenders’.
In August 2021, Boliden joined up with several of the world's other major mining companies and Komatsu to advance zero-emission mining.
In August 2021, Boliden ranked second among mining companies in Bloomberg Intelligence's low-carbon ranking. In 2017, Boliden was rated the world's second most climate-friendly mining firm with regards to carbon dioxide.