Boliden receives all regulatory approvals for the acquisition of Somincor (Neves-Corvo) and Zinkgruvan

01 Apr 2025 12:00 CEST

The EU Commission has approved Boliden's acquisition of the mines Somincor
-Sociedade Mineira de Neves-Corvo, S.A. ("Neves-Corvo") in Portugal and
Zinkgruvan Mining Aktiebolag ("Zinkgruvan") in Sweden. Through the approval,
Boliden has received all necessary regulatory approvals to complete the
transaction. The regulatory approvals now received include merger control
approval by the EU Commission, approval by the Swedish Inspectorate of Strategic
Products under the Swedish FDI Act, the change of control approval under the
Neves-Corvo Portuguese Concession Contract and the Fundamental Permits Approval.

The acquisition was made public on December 9, 2024, and is expected to be
completed in the coming weeks, following the satisfaction of the remaining
conditions to closing.

For further information, please contact:

Klas Nilsson

Director Group Communications

+46 70453 65 88

klas.nilsson@boliden.com

Metals for generations to come

Boliden's vision is to be the most climate-friendly and respected metal provider
in the world. We are Europe's producer of sustainable metals and, guided by our
values care, courage and responsibility, we operate within exploration, mines,
smelters and recycling. We are around 6,000 employees and have annual revenues
of approximately SEK 90 billion. The share is listed in the Large Cap segment of
NASDAQ Stockholm.

www.boliden.com

More information:
Access the news on Oslo Bors NewsWeb site

642748_Press_release.pdf