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Boliden: Boliden becomes world leader in electronics recycling

Press release published at The Swedish Wire
Boliden's new electronics recycling facility at the Rönnskär copper smelter is opened today by the Minister for the Environment, Lena Ek. The SEK 1.3 billion investment increases the smelter's capacity to 120,000 tonnes per year and thereby makes Boliden world leader in electronics recycling.

The increased use of electronic products, shorter product lifecycles and stricter legislation governing electronic waste, means that the global availability of electronic scrap is increasing.

"A growing share of the metal production will originate from recycling. With this project Boliden combines high environmental performance with good business returns," says Lennart Evrell, President and CEO of Boliden.

Boliden's new facility increase Rönnskär's electronics recycling capacity to 120,000 tonnes per year. The expansion project started in 2010 and the smelting of electronic material in the new facilities began as planned in January 2012.

"Boliden Rönnskär has for many years been a technological leader in the field of recycling electronics. This expansion takes advantage of our extensive experience in recycling electronics and enhances our competitive position in a growing market," says Roger Sundqvist, General Manager at Rönnskär.

The investment is in line with Boliden's view of metals' eco-cycle in a sustainable society. By increasing Rönnskär's capacity, Boliden is helping ensure that more electronic scrap is recycled, rather than being sent to landfills.

For further information, please contact:

Marcela Sylvander, Director Group Communications, Boliden AB, tel: +46 (0)8 610 15 59, +46 (0)733 244 551

Boliden is a metals company with a commitment to 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 4,400 employees and an annual turnover of approximately SEK 40 billion. Its shares are listed on NASDAQ OMX Stockholm, segment Large Cap, and on the Toronto Stock Exchange in Canada.

This information was distributed by Cision

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