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Sweden gives go-ahead to Boliden copper mine project (updated)

UPDATE 1-Sweden gives go-ahead to Boliden copper mine project

Adds detail of project in bullet points

- The Swedish government said on Wednesday it has given Boliden BOL.ST the green light to proceed with the company's copper mine project in Laver, northern Sweden.

  • Project still needs approval from Sweden's Land and Environment Court.

  • Extraction of the Laver deposit could double Sweden's production of copper and increase the EU's total production by 10%, the government said in a statement.

  • Project will reduce a dangerous import dependence in Europe, it added.

  • Located near an old mine, the new mineralisations were discovered by Boliden in 2007.

  • Boliden applied in 2014 for a mining concession but this was initially rejected. The group applied again in 2024.

  • The Mining Inspectorate had given the go-ahead last year, but the decision was appealed and went to the government for a ruling.


(Reporting by Simon Johnson, writing by Terje Solsvik, editing by Louise Rasmussen)

((terje.solsvik@thomsonreuters.com; +47 918 666 70;))

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