Peab to build for Boliden in Aitik

Peab has been contracted to build a new concentrator with connecting infrastructure at the Aitik copper mine of Boliden outside Gällivare in northern Sweden. The contract amounts to about SEK 700 million.

It is a divided contract and the mode of payment is cost-plus with guiding price and cost of incentive.

The work will start in January 2008 and it is estimated to be ready in November 2009. The contract is conditioned by obtaining requisite environmental permissions.



For further information contact:
Leif Lundmark, region manager Peab +46 733 37 12 06
Gösta Sjöström, information manager Peab +46 733 37 10 10

Previous press releases from Peab are available at www.peab.com