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Boliden secures Laver processing concession for European copper supply

September 2, 2025 at 02:00 PM UTCBy FilingReader AI

Boliden’s application for a processing concession for the Laver deposit has been approved by Bergstaten as of September 2, 2025. This concession grants the right to extract copper, gold, silver, and molybdenum. Stefan Romedahl, director Boliden Mines, highlighted that the Laver deposit could significantly contribute to Europe's copper supply. Further development will include additional exploration, technical studies, and environmental assessments.

Beyond the processing concession, an environmental permit, including a Natura 2000 permit, is still required before any investment decision can be made. The decision on the processing concession can be appealed to the government within three weeks.

Boliden aims to be the most climate-friendly and respected metal supplier globally, producing sustainable metals in Europe. The company, which operates in exploration, mines, smelters, and recycling, employs approximately 8,000 people and has an annual turnover of SEK 90 bn. Its shares are listed on NASDAQ Stockholm, Large Cap segment.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

OSL:BOLIDOslo Stock Exchange

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