14:43 PM | November 6, 2020 | Daniel Marshall
Boliden’s sulfuric acid production for the first nine months this year were recorded at 1.28 million metric tons, up 12% year on year (YOY) from 1.14 million metric tons, while the income was 735 million Swedish krona ($84 million) for the first nine months this year, down 11% YOY from SEK830 million, according to the company’s third-quarter interim report.
The report, released on 28 October, showed third-quarter sulfuric acid output stood at close to 409,000 metric tons, down from 443,100 metric tons in the previous quarter but up from 375,300 metric tons in third-quarter 2019. Third-quarter income from smelter by-products was SEK233 million, compared to SEK269 million in the third quarter last year.
The report noted that the COVID-19 pandemic has led to a change in the maintenance shutdown schedule with major shutdowns in the second half of the year, with the maintenance shutdowns planned for October in Rönnskär and Kokkola are expected to affect operating profit during the fourth quarter.
Commenting on the metal production for first nine months of this year, the report added that volumes in Smelters increased compared to last year as a result of improved process stability following completed investments.
“However, the comparison is weak as more extensive maintenance shutdowns were completed last year, and this year's shutdowns in Rönnskär and Kokkola have been rescheduled until October,” it said.
Boliden has five smelters: the Kokkola and Odda zinc smelters, the Rönnskär copper and lead smelter, the Harjavalta copper and nickel smelter, and the Bergsöe lead smelter. It has a yearly production capacity of 1.7 million metric tons of sulfuric acid in the smelting plants at Rönnskär, Harjavalta, Kokkola, and Odda.