PROCESSING

Boliden: Covid-19 hits production at Aitik, Tara

Impact on operating profit is estimated at close to SEK200 million.

 Covid-19 cases at Aitik were compounded by hydraulic problems

Covid-19 cases at Aitik were compounded by hydraulic problems

Covid-19 cases at Aitik were compounded by hydraulic problems in one out of two primary mills in the concentrator plant in the first quarter, said the company.

Tara has also faced increased absenteeism due to Covid-19 while a breakdown of the ore hoist occurred in the mine.

The company estimates that the total impact on operating profit is estimated at close to SEK200 million (US$23.4 million) during the first quarter.

On February 12, the company reported that operating profit at its mines had increased to SEK1.85 million in the fourth quarter of 2020, mainly due to higher grades and overall good production.

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