20 Facts About Boliden AB

Boliden AB is a Swedish multinational metals, mining, and smelting company headquartered in Stockholm.

Boliden AB produces zinc, copper, lead, nickel, silver, and gold, with operations in Sweden, Finland, Norway, and Ireland.

In 2003, in a major deal, Boliden AB acquired Outokumpu's mining and smelting assets within zinc and copper.

UN Human Rights experts from OHCHR wrote to the managing director of Boliden AB to convey concerns of alleged ongoing breaches of human rights, including 'intimidation and threat [against] human rights defenders'.

In 2017 already, Boliden AB was rated the world's second most climate-friendly mining firm with regards to carbon dioxide.

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Boliden AB owns and operates Europe's biggest zinc mine at Tara in Ireland.

Boliden AB owns Garpenberg, which is Sweden's oldest mine still in operation.

Boliden AB owns and operates the Aitik open pit mine, which is one of Europe's biggest copper mines.

Boliden AB owns and operates two zinc and two copper smelters and one lead smelter.

The first Boliden AB ore was extracted in the spring of 1926 at what would become the Boliden AB mine – a mine that would prove, over the course of several decades, to be Europe's biggest and richest gold mine.

The leading light in the development of the Boliden company was Oscar Falkman, who was the driving force behind the exploration work that began in the second decade of the 20th century, and which was accelerated due to the metal shortage that arose in the wake of World War I Falkman continued in the role of Boliden's President until 1941.

Boliden AB was part of the financier Ivar Kreuger's business empire until 1932.

Boliden AB paid Promel for processing work that was never carried out and the residues were, instead, stored on the outskirts of the city of Arica at a site which was converted to a low-cost residential area in the 1990s on the instructions of the social services.

Boliden AB reacted quickly to the situation and immediately began a comprehensive programme of reclamation work.

In 2006, Boliden AB lost the demand against the companies that built the dam Aznalcollar.

The Spanish Supreme Court confirmed that Boliden AB should pay 43,7 million euros to the Spanish government.

In 1999, Boliden AB implemented a restructuring programme at Group level and the Boliden AB share was listed on the Stockholm stock exchange.

The complaint, seeking to make them personally liable for costs incurred by Boliden AB in defending the ARICA case was considered by the United Nations to be a threat equivalent to the first SLAPP in Swedish history.

Boliden AB sells its shares in Breakwater Resources and Lundin Mining.

In March 2021, Beatriz Balbin, Chief of the Special Procedures Branch of OHCHR wrote to the managing director of Boliden AB to convey alleged ongoing breaches of human rights, including 'intimidation and threat [against] human rights defenders'.