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Boliden and Adriatic Metals Plc join efforts to produce zinc with the highest ESG standards

Boliden has agreed with Adriatic Metals on the purchase of zinc concentrates from the Vares Silver Project. Boliden and Adriatic Metals will cooperate in producing zinc and other valuable metals according to the highest ESG (Environmental, Social, and Governance) standards.

"With its 100 years of experience and commitment to sustainability, Boliden stands out in a demanding industry landscape with leading ESG performance in its supply chains. We are delighted to have Boliden with us, with the overall aim of creating profitability and growth in a responsible manner, with consideration for people, the environment, and society—all targets that the Vares Silver Project will fulfill. Adriatic Metals operations are well in line to support Boliden's leading sustainability standards and best practices", says Vildana Mahmutovic, Head of Sustainability at Adriatic Mines.

Adriatic Metals PLC is a precious and base metals developer that is advancing the Vares Silver mine Project in Bosnia & Herzegovina, as well as other projects in the region.

"This mine project will support our smelter expansion project in Odda as well as our ESG targets. We are committed to contributing to a sustainable society by producing metals together with suppliers that share this vision", says José Tinoco, Manager Zinc and Lead Concentrates at Boliden.

The smelter expansion project in Odda, Green Zinc Odda, was announced by Boliden in 2021. The annual production capacity will be increased by 150 ktonnes per year to 350 ktonnes per year. The zinc production in Odda is amongst the most climate friendly in the world.


Boliden Head Office

Boliden Group
Klarabergsviadukten 90
P.O. Box 44, SE-101 20 Stockholm 
Tel: + 46 8 610 15 00
Fax: + 46 8 654 80 90