Boliden - M&A Activity 2025 | FinancialReports.eu

Boliden receives all regulatory approvals for the acquisition of Somincor (Neves-Corvo) and Zinkgruvan

The EU Commission has approved Boliden's acquisition of the mines Somincor

-Sociedade Mineira de Neves-Corvo, S.A. ("Neves-Corvo") in Portugal and

Zinkgruvan Mining Aktiebolag ("Zinkgruvan") in Sweden. Through the approval,

Boliden has received all necessary regulatory approvals to complete the

transaction. The regulatory approvals now received include merger control

approval by the EU Commission, approval by the Swedish Inspectorate of Strategic

Products under the Swedish FDI Act, the change of control approval under the

Neves-Corvo Portuguese Concession Contract and the Fundamental Permits Approval.

The acquisition was made public on December 9, 2024, and is expected to be

completed in the coming weeks, following the satisfaction of the remaining

conditions to closing.

For further information, please contact:

Klas Nilsson

Director Group Communications

+46 70453 65 88

Metals for generations to come

Boliden's vision is to be the most climate-friendly and respected metal provider

in the world. We are Europe's producer of sustainable metals and, guided by our

values care, courage and responsibility, we operate within exploration, mines,

smelters and recycling. We are around 6,000 employees and have annual revenues

of approximately SEK 90 billion. The share is listed in the Large Cap segment of

NASDAQ Stockholm.

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