Boliden’s second quarter: Fire at Rönnskär and low grades in Mines
Second-quarter revenues amounted to SEK 18,442 m (21,568) and operating profit excluding revaluation of process inventory totaled SEK 833 m (4,532). Free cash flow totaled SEK -3,770 m (2,038).“It has been a challenging quarter with declining world market prices for metals as well as by-products, major planned maintenance shutdowns, low grades in Mines and, in addition, the fire at Rönnskär, which have together negatively impacted our earnings. However, our financial position remains strong and, with regard to Rönnskär and the Tara mine, which has been placed under care and maintenance, we