Boliden revises annual copper tonnages on production problems

Production problems at Boliden’s Aitik copper mine will result in lower volumes and recoveries in the second quarter.

Production problems at Boliden’s Aitik copper mine will result in lower volumes and recoveries in the second quarter.

Second-quarter production at the Swedish miner’s Aitik project will be lower than expected as a result of an ore mix that is causing low recoveries and process disturbances in the concentrator, the company said on Tuesday June 9.

Copper recovery is expected to remain at the same level as in the first quarter, while milled volumes are expected to be negatively affected by around one million tonnes during the second quarter.

The production plan for milled tonnage for the whole year of 2015 has been adjusted down to 39 million tonnes, the company said.

James Heywood
Twitter: @jamesheywood_MB

What to read next
Following a six-week consultation period, Fastmarkets can confirm it will amend the calculation method for all the average functions on the Fastmarkets platform from Wednesday March 1, 2023.
Consolidation, the recycling of electric vehicle batteries, US steel exports and the benefits of sustainable steelmaking were key talking points at Fastmarkets’ Scrap & Steel 2023 conference in Dallas in January
Green shoots of increased demand will emerge in US ferrous markets courtesy of the Biden administration’s trillion-dollar infrastructure package in 2023, Schnitzer’s executive vice president and chief strategy officer Richard Peach said at Fastmarkets’ Steel and Scrap Conference 2023 in Dallas, Texas
US special bar quality steel prices rose in January in line with rising scrap and alloy costs, according to market participants
European metal industry association Eurometaux has called on the European Commission to follow the lead shown by the Inflation Reduction Act and deliver a “powerful” policy to support the industry in the EU while it tries to keep up with the move to a new generation of energy markets
The fallout from Russia’s invasion of Ukraine is changing global trade flows for bauxite, with Brazilian material once again flowing into China and with the introduction of export restrictions elsewhere likely to influence availability through 2023
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.