MILLING ABOUT: Moström leaves Boliden for LKAB

Jan Moström, president of Boliden’s Business Area Mines, will leave the company in mid-September to join Swedish iron ore manufacturer Luossavaara-Kiirunavaara AB, or LKAB.

Jan Moström, president of Boliden’s Business Area Mines, will leave the company in mid-September to join Swedish iron ore manufacturer Luossavaara-Kiirunavaara AB, or LKAB.

Moström joined Boliden in 1979, serving as gm of the Boliden Area, and was appointed president of mines in 2005, overseeing the development of the company’s Aitik and Garpenberg plants.

He will take up the position of ceo and president at LKAB, replacing Lars-Eric Aaro, on September 15, according to LKAB, and his successor at Boliden will be recruited in the coming months.

“The expansions of Aitik and Garpenberg under Jan’s leadership have created world-class mines and Boliden will continue leveraging on this platform,” Lennart Evrell, Boliden’s ceo and president, said. “I would like to thank Jan for his invaluable input during his time with Boliden and to wish him every success in his new role.”

Listed in Stockholm, Boliden explores, mines and smelts zinc, copper, lead, gold and silver ores and has an annual turnover of about SEK 37 billion ($4.4 billion), according to the company’s website.

See also: Major Increase in net profit for Boliden in Q1

James Heywood 
jheywood@metalbulletin.com
Twitter: @jamesheywood_mb
 

What to read next
The most recent financial results published by base metals mining companies highlight just how inflation is affecting profit margins, with increasing wages, financing costs and input prices all hitting profits, sources told Fastmarkets in the week to Thursday March 28
Century Aluminum is among those selected to start award negotiations for up to $500 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding to build a new aluminium smelter, the company said on Monday March 25
Participants in the copper concentrates market are struggling to comprehend an “unstoppable” decline in treatment and refinement charges (TC/RCs), with every week bringing spot deals at fresh lows and rumors each “crazier” than the last, sources have told Fastmarkets
The US Department of Energy selected five base metals projects to receive more than $900 million in federal investment from its Industrial Demonstration Program (IDP), leading to a reduction of four million tonnes of carbon dioxide emissions annually, according to a statement by the Department on Monday March 25
Aluminium producer and recycler Constellium announced on Tuesday March 12 that the company is moving to test hydrogen utilization at an industrial scale as a power source in its casthouses
Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Monday March 18.