Boliden invests 4 billion kronor in new hoisting shaft at Garpenberg mine

Following a recent production halt due to seismic activity and rockfall at the Garpenberg mine in Hedemora, Boliden is investing four billion kronor in a new hoisting shaft to secure the site's long-term future.

The Garpenberg mine, owned by Boliden in Hedemora municipality, experienced abnormal seismic activity including a rockfall and tremors, leading to a production stoppage earlier this week and evacuation of underground workers. Despite these challenges, the company has announced a major investment of four billion kronor in a new hoisting shaft. This move underscores Boliden's commitment to the mine's viability amid current disruptions, as reported by Dala-Demokraten.

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Damaged underground tunnel in Garpenberg mine, closed until 2026 due to earthquakes, with cracks, debris, and warning barriers.
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Parts of Garpenberg mine closed through 2026 after quakes

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Following a series of seismic events at the Garpenberg mine in Hedemora, Boliden announced that large parts of the mine will remain closed throughout 2026. The company expects to lose 70 percent of planned production and incur a 400 million kronor loss in the first quarter.

Boliden plans a new hoisting shaft at its Garpenberg mine to boost production to 4.5 million tons annually, following a weekend collapse that injured workers and ongoing high seismic activity halting underground operations. The investment builds on earlier announcements amid disruptions.

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Production at Garpenberg mine in Hedemora has been halted after a rockfall and hundreds of subsequent mine tremors over the weekend. Several people were injured, and all employees were evacuated on Saturday. Around 500 workers are now operating above ground.

An unusually strong quake struck LKAB's mine in Malmberget on Christmas Day, measuring 2.7 on the company's local scale. The tremors were distinctly felt in nearby Gällivare, where residents reported shaking houses and rattling dishes. Work in the affected hanging wall has been temporarily halted pending an investigation.

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Steel company Stegra, building a fossil-free steel plant in Boden, announced on October 20, 2025, that founder Harald Mix is stepping down as board chairman. Mix remains a board member while Shaun Kingsbury takes over the role. The news comes amid a financial crisis where the company needs 10 billion kronor in new capital.

SSAB has stopped all work on its new steel mill construction in Luleå after three people sought medical care due to suspected toxic gas exposure. Earlier tests revealed elevated levels in machine cabins, with new cases reported on Good Friday. Region Norrbotten confirms two of the affected remain at the emergency department.

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Kävlinge's municipal council has approved a letter of intent to investigate new nuclear power in Barsebäck, despite opposition criticism of hasty decisions. The Moderates announced the news in advance, frustrating smaller parties. The background involves a previously decommissioned facility with unique conditions for rebuilding.

 

 

 

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