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Boliden results show impact of higher power prices

Swedish metals miner Boliden posted stable results for the September quarter, but bemoaned lower metals prices, higher inflation and crippling electricity prices.

Boliden results show impact of higher power prices Boliden results show impact of higher power prices Boliden results show impact of higher power prices Boliden results show impact of higher power prices Boliden results show impact of higher power prices

"“Continued high inflation but in general stable production during the quarter. In addition, favorable exchange rates contributed to a strong quarter. It's also worth mentioning that our nickel production has improved,” CEO Mikael Staffas said.

In terms of production, strikes in Norway hampered zinc supply in September, with the company's Odda smelter coming offline for 10 days.