Boliden Ab · OMXSTO:BOL
Boliden Ab — Corporate Update (September 2024)
6 slides from Boliden Ab's corporate update, Sep 12, 2024
Slide 1: Update expansion project Odda and capital expenditure guidance 2025
Update expansion project Odda and capital expenditure guidance 2025 Mikael Staffas, President and CEO Håkan Gabrielsson, Executive Vice President and CFO September 12, 2024
Slide 2: Odda expansion
Odda expansion Incoming power infrastructure commissioned • New energy contract in operation Quay infrastructure upgrade commissioned Cellhouse and foundry commissioning during Q4 • Production capacity returns to 200 Ktonnes from Q1 2025 Delays in roaster and acid plant • Final commissioning late Q1
Slide 3: Project financials remain attractive
Project financials remain attractive Improved annual run-rate EBITDA of EUR ~150 m* Operating cost reduction • Economies of scale • Automation and digitalization • New hydropower agreement Odda leach product • 40 Ktonnes new leach product/year • Metal content: Pb 10 Ktonnes, Ag 50 tonnes, Au 400 kg
Slide 4: 2024 and 2025 Capital expenditure guidance
2024 and 2025 Capital expenditure guidance Capex (SEK m) Key elements 2024 (15.5 billion) Expansions and strategic projects Mine sustaining • SEK 8.0 billion 20 000 • SEK 4.0 billion • Odda, Aitik and Kristineberg SEK 7.0 billion 15 000 • New tankhouse in Rönnskär and Boliden Area • Excluding dam pr
Slide 5: Save the date
Save the date Boliden Capital Markets Days 2025 March 18–19, 2025 Conference in Bergen (close to airport) Site visit to the Odda smelter Full invitation for the event will follow
Slide 6: Disclaimer
Disclaimer This presentation has been prepared by Boliden for information purposes only and as per the indicated date. Boliden does not undertake any obligation to correct or update the information or any statements made therein. Certain statements in this presentation are forward-looking and are su