OverviewSuggest Edit

Boliden is a company that is engaged in mining and production of metals and operations compatible therewith. It operates through two segments: Business Area Mines and Business Area Smelters. The company explores for copper, zinc, nickel, lead, gold, silver, platinum, and palladium deposits. Its products include zinc and lead ingot, copper cathode, gold bar, and silver granule, and other products, such as sulphuric acid and iron sand; copper, lead, nickel, and zinc concentrates, etc.
HQStockholm, SE
Employee Ratings4

Latest Updates

Employees (est.) (Dec 2020)6,071(+2%)
Job Openings1
Revenue (FY, 2020)KR56.3 B(+13%)
Share Price (Nov 2021)KR296.2
Cybersecurity ratingBMore
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Key People/Management at Boliden

Anders Ullberg

Anders Ullberg

Mikael Staffas

Mikael Staffas

President & CEO
Daniel Peltonen

Daniel Peltonen

President – Boliden Smelters
Michael G:son Löw

Michael G:son Löw

Member of the Board
Stefan Romedahl

Stefan Romedahl

President Boliden Mines
Elisabeth Nilsson

Elisabeth Nilsson

Member of the Board
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Boliden Office Locations

Boliden has offices in Stockholm, Boliden, Kaspersbo, Landskrona and in 9 other locations
Stockholm, SE (HQ)
Klarabergsviadukten 90
Boliden, SE
Finnforsvägen 4
Kaspersbo, SE
Kaspersbo 20
Landskrona, SE
Gasverksgatan 39
Sakajärvi, SE
Sakajärvi 1
Skelleftehamn, SE
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Boliden Financials and Metrics

Boliden Revenue

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Boliden's revenue was reported to be kr56.32 b in FY, 2020 which is a 12.8% increase from the previous period.

Revenue (Q2, 2021)


Gross profit (Q2, 2021)


Gross profit margin (Q2, 2021), %


Net income (Q2, 2021)


EBIT (Q2, 2021)


Market capitalization (10-Nov-2021)


Closing stock price (10-Nov-2021)


Cash (30-Jun-2021)



Boliden's current market capitalization is kr81 b.
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Revenue growth, %


Cost of goods sold


Gross profit

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Gross profit


Gross profit Margin, %

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Accounts Receivable




Current Assets

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Accounts Receivable




Current Assets

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Depreciation and Amortization




Cash From Operating Activities


Purchases of PP&E

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Financial Leverage

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Boliden Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020FY, 2020Q1, 2021Q2, 2021

Cobalt Produced (Mines), tonnes


Silver Produced (Smelters), kilograms

563.05 k121.08 k123.67 k96.98 k104.86 k466.74 k154.44 k146.02 k141.46 k144.14 k605.38 k146.21 k133.3 k

Sulphuric Acid Produced (Smelters), tonnes

1.63 m419.59 k345.99 k375.34 k393.17 k1.53 m428.02 k443.14 k408.74 k449.99 k1.73 m453.24 k448.02 k

Zinc Produced (Mines), tonnes

290 k75.24 k66.12 k75.49 k72.85 k290 k63.57 k73.95 k76.72 k71.9 k286 k67.55 k72.67 k
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Boliden Revenue Breakdown

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Boliden revenue breakdown by business segment: 98.3% from Smelters and 1.7% from Other

Human Capital Metrics

Boliden's employees are reported to be approximately 20% female and 80% male.
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Boliden Cybersecurity Score

Cybersecurity ratingPremium dataset



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Boliden Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset


out of 100

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Boliden Online and Social Media Presence

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Boliden News and Updates

LKAB and Boliden collaborate to recycle mining waste and create circular products

BOLIDEN, Sweden, Nov. 18, 2021 /PRNewswire/ -- The leading Swedish mining companies LKAB and Boliden have signed an agreement and will begin working together to investigate the possibility of extracting pyrite concentrate from mining waste at the Boliden Aitik mine, which LKAB will...

New member of the Nomination Committee

The Annual General Meeting of Shareholders in April 2021 elected Jan Andersson (Swedbank Robur fonder), Lars-Erik Forsgårdh, Ola Peter Gjessing (Norges Bank Investment Management), Lilian Fossum Biner (Handelsbankens fonder) and Anders Ullberg (Chairman of the Board of Directors) as members of the N…

The Swedish Energy Agency has decided to provide financial support of SEK 67 million for our investment in fossil free mining in the Rävliden deposit at the Kristineberg mine

The Swedish Energy Agency has decided to provide financial support of SEK 67 million for our investment in fossil free mining in the Rävliden deposit at the Kristineberg mine. One key focus is to electrify heavy machinery for loading and transport, which accounts for about 80 percent of a mine’s car…

Q3 Interim Report 2021

The Interim Report will be presented via a webcast/conference call on Friday, October 22 at 09:30 (CET). Information is available at www.boliden.com.

Boliden profit misses forecasts hit by production disruptions

Swedish mining and smelting group Boliden reported on Friday a third-quarter operating profit below market forecasts, pressured by higher costs and lower volumes.

Autonomous Hauling System for increased productivity in Boliden Aitik

Boliden has decided to introduce an Autonomous Hauling System, Komatsu Frontrunner, on eleven haul trucks in the Aitik mine. The investment is for a total of SEK 218 m and will be fully implemented during 2024.
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Boliden Blogs

Report of payments to government agencies in 2019

Boliden is today publishing its report of payments to government agencies in accordance with Swedish law (2015:812) on the reporting of payments to government agencies. The report encompasses payments made to government agencies in Sweden, Finland and Ire...

Boliden's first quarter: Stable production in Smelters but production disruptions in Tara

"While we had record results within Smelters, the quarter was challenging within Mines. The focus is to continue to operate normally, even though the current COVID-19 situation demands greater flexibility," says Mikael Staffas, President and CEO. Operat...

Q1 Interim Report 2020

Q1 2020 Revenues totalled SEK 13,210 m (13,047)  The operating profit totalled SEK 1,435 m (2,441) The operating profit, excluding revaluation of process inventory, totalled SEK 1,504 m (2,048) Free cash flow totalled SEK -845 m (-323) Earnings pe...

Production in Tara resumed

As of April 2, production at the Tara mine has been resumed. Prior to resuming production, dialogues has been held with authorities as well as union representatives regarding actions taken to assure a safe working place with regards to spread of the Coron...

Production shutdown in Tara due to restrictions

As of March 28, the Irish government imposed strict restrictions in the country, which has halted production in the Tara mine until further notice. The Irish restrictions are announced to last for at least 14 days. Boliden is evaluating how supply of conc...

Boliden publishes Annual and Sustainability Report 2019

Boliden's Annual and Sustainability Report 2019 highlights the metals needed for a successful climate transition as well as the development of the company during the year. The printed version of the Annual and Sustainability Report will be available from ...
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Boliden Frequently Asked Questions

  • When was Boliden founded?

    Boliden was founded in 1924.

  • Who are Boliden key executives?

    Boliden's key executives are Anders Ullberg, Mikael Staffas and Daniel Peltonen.

  • How many employees does Boliden have?

    Boliden has 6,071 employees.

  • What is Boliden revenue?

    Latest Boliden annual revenue is kr56.3 b.

  • What is Boliden revenue per employee?

    Latest Boliden revenue per employee is kr9.3 m.

  • Who are Boliden competitors?

    Competitors of Boliden include Fresnillo, Cleveland-Cliffs and Lundin Mining.

  • Where is Boliden headquarters?

    Boliden headquarters is located at Klarabergsviadukten 90, Stockholm.

  • Where are Boliden offices?

    Boliden has offices in Stockholm, Boliden, Kaspersbo, Landskrona and in 9 other locations.

  • How many offices does Boliden have?

    Boliden has 13 offices.