Boliden Signs Long-Term Wind Power Agreement

Boliden, Sweden /PRNewswire/ - Boliden has signed a long-term electricity supply agreement with a wind power developer. The agreement entails an expanded production of fossil-free electricity in both Finland andSweden and that Boliden's energy supply is continued to be ensured at competitive terms.

"The agreement means that we get an increased long-term perspective in our energy supply. In parallel, it is of course positive to contribute to increased production of fossil-free energy in the vicinity of our facilities, particularly as the electrification rate in our own operations increases," says Mikael Staffas, President and CEO, Boliden.

The long term agreement involves annual electricity deliveries, corresponding to 240 GWh in Sweden and 175 GWh in Finland. Production will take place in wind farms in close proximity to the mining operations in the Boliden area and the smelting operations in Kokkola.

Boliden is a metals company with a focus on 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 5,800 employees and a turnover of SEK 50 billion. Its shares is listed on NASDAQ OMX Stockholm, segment Large Cap.www.boliden.com

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