STOCKHOLM, Sept. 12, 2024 /PRNewswire/ -- Since 2021, Boliden has carried out investments in the Odda zinc smelter with the aim of increasing the annual production volume from 200 to 350 ktonnes. Several of these investments are now largely completed, however, delays have occurred in the roasting facility in particular. This means that the ramp-up towards the new production level will start at the end of the first quarter of 2025. The delay means an increase in the cost of the project of EUR 100 m. Boliden's total capital expenditures for 2024 are still estimated at SEK 15.5 billion and for 2025 Boliden's capital expenditures are estimated at SEK 13.5 billion.
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