Sweden rejects appeals on Boliden Laver concession
Analysis based on 6 articles · First reported Aug 12, 2026 · Last updated Aug 12, 2026
The rejection of appeals removes a legal hurdle for Boliden's Laver project, supporting its future copper production and potential revenue. Boliden's stock rose nearly 2% on the news, reflecting positive market sentiment.
On August 12, 2026, the Swedish government rejected two appeals against Boliden AB's mining concession for the Laver project, originally granted in September 2025 by Sweden's Chief Mining Inspector. The concession covers extraction of copper, gold, silver, and molybdenum. Boliden's President of Mines, Stefan Romedahl, welcomed the decision, highlighting the project's potential to increase Europe's copper self-sufficiency by about 10% and double Sweden's copper production. The Laver deposit has indicated mineral resources of 849.5 million tonnes at 0.24% copper. The project could create around 2,000 direct and indirect jobs. Boliden will now proceed with the application for an environmental permit. Following the announcement, Boliden shares rose nearly 2% to SEK 538.20 on Nasdaq Stockholm.
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