Application for mining concession for Laver granted

Boliden's application for a mining concession for the Laver deposit has todaybeen granted by the Swedish Mining Authority. The concession grants the righttoextract copper, gold, silver, and molybdenum.

"We naturally welcome this news. The Laver deposit has the potential to make asubstantial contribution, particularly to Europe's copper supply. Furtherdevelopment of the Laver deposit will now commence, including additionalexploration, technical studies, and environmental investigations", says StefanRomedahl, Director of Boliden Mines.

In addition to a mining concession, an environmental permit, including aNatura2000 permit, is also required before a final investment decision can be made.The decision to grant the mining concession application can be appealed to thegovernment within three weeks.

Boliden publishes information regarding mineral resources and mineral reservesat:https://www.boliden.com/operations/exploration/mineral-reserves-and-mineral-resources/

For further information, please contact:

Klas Nilsson

Director Group Communications

+46 70 453 65 88

klas.nilsson@boliden.com

Metals for generations to come

Boliden's vision is to be the most climate-friendly and respected metalproviderin the world. We are Europe's producer of sustainable metals and, guided byourvalues care, courage and responsibility, we operate within exploration, mines,smelters and recycling. We are around 8,000 employees and have annual revenuesof approximately SEK 90 billion. The share is listed in the Large Cap segmentofNASDAQ Stockholm.

www.boliden.com

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