cluster - boliden – metals for modern life€¦ · boliden supplier summit 2017 next level metals...

Cluster

Lennart EvrellPresident & CEO

Metals for Modern Life

We are

Base and precious metals – Cu, Zn, Ni, Pb, Au, Ag, PGM

Mines and Smelters – from exploration to recycling

Technology and Responsibility

Our goal is to be a leader in our industry

Value creation

Environmental performance

Social responsibility

Strategy: Grow with low risk, limited volatility and focus on next downturn

Operational excellence / NBW

Organic growth

Acquisitions

Organic growth

Boliden Group3

BOLIDEN SUPPLIER SUMMIT 2017

NEXT LEVEL METALS AND MINING –COLLABORATE AND INNOVATE

Productivity


NEXT LEVEL METALS AND MINING –COLLABORATE AND INNOVATE SOURCE: Wood Mackenzie 2017, * Open pit and mines with mix open pit-underground

Aitik

0

5

10

15

20

25

30

35

0 20 40 60 80 100 120 140

Tonnesper man

hour

Million tonnes ore milled per year

Copper – Open pit mines*

Only the most competitive will make it

Invest and prepare now for next downturn

Competitive supply base

Innovation milestones

Flash smelting

AG milling

Bold decision Aitik

Kaldo technology

Many discoveries, Lappberget

Infrastructure for data and positioning

Mobile monitoring and control

Environmental technology

NBW involving all




NEXT LEVEL METAS AND MINING –COLLABORATE AND INNOVATE

Innovation and collaboration

Autonomous trucks - Volvo

Mobile Control - ABB


NEXT LEVEL METAS AND MINING –COLLABORATE AND INNOVATE

Development 5G - Ericsson



Start-up company development - Mobilaris

Safety

Big data

Positioning

Qualifiers

Safety

Quality

Innovation

Technology



Supplier Safety Performance



Key suppliers

Life Cycle Cost

First Cost

Problems happen

Unlimited support

Escalation

Reference value



0

500

1 000

1 500

2 000

2 500

3 000

3 500

4 000

4 500

0

1 000

2 000

3 000

4 000

5 000

6 000

7 000

8 000

9 000

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

2010 2011 2012 2013 2014 2015 2016 2017

MSEK

EBIT ex PIR and production

R4Q EBIT excl PIR, Group R4Q Ore production, Aitik

R4Q Ore production, Tara R4Q Cu feed, Rönnskär

R4Q Zn feed, Kokkola

ktonnes/ktonnesx10 (Aitik)

A stable customer!


NEXT LEVEL METALS AND MINING –COLLABORATE AND INNOVATE * PIR=Process Inventory Revaluation

Recurring investments stable

Service and spare parts stable

Project contracts are large and volatile

Committed suppliers in good and bad times

A long term Partner

Total Shareholder Return (TSR)



-40%

-20%

0%

20%

40%

60%

80%

100%

120%

Nyrs

tar

First Q

Glo

bal M

inin

gW

orld

in

dex

Sto

ckholm

OM

X 3

0F

reeport

McM

BH

PV

edanta

Bo

liden

Te

ck

Rio

TA

nglo

AH

udB

ay

Au

rubis

Vo

lcan

Lundin

MG

lencore

An

tofa

gasta

Va

le

1 year

-80%

-60%

-40%

-20%

0%

20%

40%

60%

80%

100%

120%

Nyrs

tar

Fre

eport

McM

First Q

Ve

danta

An

glo

A

BH

P

HudB

ay

Gle

ncore

Glo

bal M

inin

g

Va

le

Vo

lcan

Rio

T

An

tofa

gasta

Te

ck

Sto

ckholm

OM

X 3

0

World

in

dex

Lundin

M

Au

rubis

Bo

liden

3 years

-80%

-60%

-40%

-20%

0%

20%

40%

60%

80%

100%

120%

140%

Nyrs

tar

Vo

lcan

Fre

eport

McM

First Q

An

glo

A

Va

le

BH

P

Glo

bal M

inin

g

Ve

danta

An

tofa

gasta

HudB

ay

Te

ck

Gle

ncore

Rio

T

Sto

ckholm

OM

X 3

0

Lundin

M

World

in

dex

Au

rubis

Bo

liden

5 years

Source: Thomson Reuters Datastream August 14,2017

SOURCE: Thomson Reuters Datastream August 14,2017

Kevitsa acquisition 2016Nickel-copper-gold-PGM

cluster - boliden – metals for modern life€¦ · boliden supplier summit 2017 next level metals...

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