Boliden to invest $308mln on copper-nickel expansions [UPDATED]

Swedish metal producer Boliden will invest $308 million over the next two years to expand its copper-nickel production sites in Finland.

The company will spend €80 million ($98.65 million) to raise output at its Kevitsa copper-nickel mine and €45 million to expand capacity of the Harjavalta copper-nickel smelter, according to a company statement on Tuesday February 13. Both copper and nickel saw significant price gains last year. In 2017, the London Metal Exchange three-month copper price soared 31% to $7,247 per tonne, while...

Published

Julian Luk

February 14, 2018

15:40 GMT

London