Welcome to our dedicated page for Boliden Ab news (Ticker: BDNNY), a resource for investors and traders seeking the latest updates and insights on Boliden Ab stock.
Boliden AB (BDNNY) is a leading European producer of sustainable metals operating in the exploration, mining, smelting, and recycling sectors. With a vision to be the most climate-friendly and respected metal provider, Boliden employs around 6,000 individuals and generates annual revenue of approximately SEK 80 billion. Recent investments include a new tank house at Rönnskär set to boost copper cathode and precious metal production. Additionally, ongoing projects and innovative breakthroughs reflect Boliden's commitment to environmental performance and strategic growth.
Rhea-AI Summary
Boliden faces challenges due to political strikes affecting critical infrastructure in Finland, impacting production and profits. The strikes may lead to an estimated SEK 500 million reduction in operating profit for the first quarter of 2024, with a significant cash flow impact. Despite the setbacks, Boliden remains committed to sustainability and aims to be a leading metal provider globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
Tags
-
Rhea-AI Summary
Boliden AB (BDNNY) has announced its Annual General Meeting scheduled for April 23, 2024. Shareholders can participate in person or by postal voting. The proposed agenda includes resolutions on dividends, Board members, auditors, and remuneration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
Tags
-
Rhea-AI Summary
Boliden announces a SEK 4.8 billion investment in a new tank house at Rönnskär to increase copper cathodes and precious metals production. Additional investments in extending the Boliden Area's lifespan and updated guidance for 2024 are also highlighted. A technical breakthrough in producing supplementary cementitious material with a low climate footprint and the launch of Low-Carbon Nickel further enhance Boliden's sustainability efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.67%
Tags
Rhea-AI Summary
A political strike in Finland indirectly impacts Boliden, leading to an estimated SEK 300 million negative effect on operating profit in the first quarter of 2024. Boliden aims to minimize customer impact with SEK 200 million due to delayed deliveries expected to be recovered in the second quarter. The strike may cause a SEK 500 million negative cash flow impact in Q1.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
-
Rhea-AI Summary
Boliden, a mining operator, partners with Hypex Bio for nitrate-free explosives, reducing nitrogen treatment and CO2 emissions by 400 tons yearly. The collaboration aims at sustainable mining practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
-
Rhea-AI Summary
Boliden, a leading metal provider in Europe, releases its Annual and Sustainability Report 2023, emphasizing productivity, investments, and sustainability. The report is themed 'Metals made in Europe' and includes audited Sustainability Index, GRI Standards compliance, UN Global Compact principles, TCFD disclosures, SASB, and ICMM reporting. Boliden aims to be the most climate-friendly metal provider globally, with 6,000 employees and SEK 80 billion annual revenues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.16%
Tags
Rhea-AI Summary
Boliden announces a virtual Capital Markets Update event on March 18, 2024, featuring business and project updates with CEO Mikael Staffas. Investors, analysts, and media can participate in the live webcast and Q&A session.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
Tags
-
Rhea-AI Summary
Boliden Mines President Stefan Romedahl announces increased mineral reserves in the Boliden Area, equivalent to almost two years of production. Exploration in Nautanen north of Aitik continues to yield positive results. The cost of exploration in 2023 was SEK 853 million (770).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.64%
Tags
-
Rhea-AI Summary
Boliden AB's Q4 2023 financial report shows a decrease in revenues and operating profit compared to the previous year. The company faced challenges such as weaker prices and terms, lower volumes, and no production in certain mines. Despite these challenges, the company maintained strong production in other areas. The Board of Directors proposed a dividend of SEK 7.50 per share. Boliden aims to be a climate-friendly and respected metal provider in Europe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.64%
Tags
Rhea-AI Summary
Boliden reported fourth-quarter revenues of SEK 20,754 m and operating profit of SEK 2,017 m, with a free cash flow of SEK 1,663 m despite intense investment. The company aims to be the most climate-friendly and respected metal provider in the world.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.64%
Tags
FAQ
What is the current stock price of Boliden Ab (BDNNY)?
The current stock price of Boliden Ab (BDNNY) is $71.75 as of February 21, 2025.
What is the market cap of Boliden Ab (BDNNY)?
The market cap of Boliden Ab (BDNNY) is approximately 9.5B.
What is Boliden AB's core business?
Boliden AB is a major European producer of sustainable metals, operating in exploration, mining, smelting, and recycling.
What is Boliden AB's vision?
Boliden AB aims to be the most climate-friendly and respected metal provider in the world.
How many employees does Boliden AB have?
Boliden AB employs around 6,000 individuals.
What is the annual revenue of Boliden AB?
Boliden AB generates annual revenue of approximately SEK 80 billion.
What recent investment has Boliden AB made?
Boliden AB has invested in a new tank house at Rönnskär to boost copper cathode and precious metal production.
What sectors does Boliden AB operate in?
Boliden AB operates in exploration, mining, smelting, and recycling sectors.
What reflects Boliden AB's commitment to environmental performance?
Ongoing projects and innovative breakthroughs demonstrate Boliden AB's commitment to environmental performance and strategic growth.
Boliden Ab