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Effect of the fire at Boliden Kevitsa

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Global Mining Review,

Production at the concentrating plant has been able to restart after the fire in the primary crushing plant the night between 28 and 29 May 2020. Mobile crushing plants have been set up and production is at almost 90 per cent of normal capacity.

Post-fire inspections are still ongoing and the cause of the fire is yet to be determined. Damage to the heavy equipment such as crusher and feeder is limited while there is extensive damage to the electrical and ventilation systems. A preliminary assessment is that the repairs will take two to three months.

The total impact on operating profit in Boliden Mines is provisionally estimated at approximately SEK 200 million distributed in 2Q20 and 3Q20. Boliden Smelters will not be affected. Discussions with insurance companies are initiated.

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Mining equipment news