Boliden

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Boliden AB

logo
legal form Aktiebolag
ISIN SE0000869646
founding 1931
Seat Upplands Väsby , SwedenSwedenSweden 
management Lennart Evrell , CEO
Number of employees 4881
sales 36.9 billion SEK (3.58 billion euros )
Branch Mining
Website www.boliden.com
Status: 2014

Boliden AB is a large Swedish mining company headquartered in Upplands Väsby . In four mines is gold , silver , copper , lead and zinc degraded. The ores obtained are smelted in two copper and zinc smelters . Boliden AB has a turnover of around 4 billion euros and 4,900 employees.

history

In 1924 a deposit containing copper, silver and gold was discovered near Skellefteå . To mine this deposit, the two companies Skellefteå Gruv AB and Västerbottens Gruv AB were founded in 1925 and the place Boliden , Norsjö and a rail connection from Boliden to the port of Skelleftehamn were built. In 1926 the first ore was mined and transported to a copper smelter in Germany . Since the ore was very rich in arsenic and therefore difficult to smelt, a separate hut was built nearby.

In 1929 Ivar Kreuger acquired the majority of the shares in the companies that merged in 1931 to form Bolidens Gruv AB . Four months before his bankruptcy and suicide in Paris, however, he ceded the shares to the Skandinaviska Banken , in whose possession the company remained until 1952.

During and shortly after the Second World War, other finds were made ( Laisvall , Kristineberg , Adak , Åkulla and others). In 1955 a number of mines in central Sweden were acquired, including a. Garpenberg and Saxberget .

In 1963, Boliden Reymersholms bought Gamla Industri AB and entered the chemical sector (Boliden Kemi was sold in 1989).

In 1966 the company changed its name to Boliden AB. In 1967 the car pit that started it all was shut down. In 1968, one of the largest copper mines in Europe started operations in Aitik .

In 1970 a collaboration was initiated with the German company Preussag , in which 50% was acquired.

In the 1980s and 1990s, Boliden expanded internationally, for example to North America in 1988, when Stephens-Adamson was acquired from Allis-Chalmers for almost 98 million US dollars . In addition, mines and holdings in Saudi Arabia , Canada , Chile , Spain were acquired and sold again. Processing plants were modernized and expanded. Today Boliden has three divisions.

reporting

In April 1998 an accident occurred in the Los Frailes zinc and lead mine of the Boliden subsidiary Boliden-Apirsa: The dam of a sedimentation basin with heavy metal-containing and toxic waste water and sludge broke. The mud covered 4,000 hectares of farmland and threatened the Coto de Doñana National Park , a UNESCO World Heritage Site .

When 20,000 tons of heavy metal-containing waste from arsenic , mercury , cadmium and lead had accumulated in the Rönnskär factory by the 1980s , it was exported to Chile . Promel , a company based in the port city of Arica , wanted to process them, but went bankrupt. The toxic waste was stored in an open dump . At the end of the 1990s, more and more children suffered from respiratory diseases, skeletal damage, paralysis and damage to the central nervous system. The number of miscarriages , deformities and cancer diseases also increased. Boliden has been on trial in Skellefteå in northern Sweden since October 2017. 796 Chilean plaintiffs are seeking compensation for illness, disability and chronic pain. It's about the sum of 12,500 euros each, almost 10 million euros in total.

Business areas

Boliden has three divisions

  • Mines in Aitik / Sweden (copper, by-products gold and silver), in Skelleftefeld / Sweden (four mines: zinc, copper, gold and lead), in Garpenberg / Sweden (two mines, zinc and silver, by-products are lead, copper and gold) and Tara / Ireland (zinc and lead).
  • Zinc smelting plants in Kokkola / Finland and Odda / Norway and trading in zinc and by-products
  • Copper and lead smelting plants in Rönnskär / Sweden, Harjavalta / Finland and Landskrona / Sweden as well as trading in copper and by-products

Web links

Individual evidence

  1. a b Annual Report 2014
  2. AC selling business. The Milwaukee Sentinel , April 26, 1988, accessed December 28, 2012 .
  3. http://www.taz.de/Musterprozess-zu-Umweltvergiftung/!5453374/