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WELCOME BOLIDEN SOMINCOR: PROMINENT PILLAR OF SWEDISH-PORTUGUESE INDUSTRIAL COOPERATION

25 May 2026

Operating the Neves-Corvo mining complex in southern Portugal, Boliden Somincor combines Swedish industrial leadership with deep local roots, contributing decisively to regional development and to Europe’s supply of essential metals.

Boliden Somincor is part of the Boliden Group, a Swedish multinational recognized as a leading European player in mining, smelting and metal recycling. With a strong heritage grounded in Scandinavian values, Boliden brings to Portugal a long-term industrial vision based on safety, innovation, and sustainability.

Neves-Corvo is today one of Europe’s most important underground mining operations, producing copper, zinc, lead and other metals critical to electrification and the green transition.

Since joining the Boliden Group, Somincor has increasingly invested in technology, operational excellence and people. Advanced automation, digital mine planning, and efficiency-focused processes place Neves-Corvo among the most modern underground mines in Europe. These investments reinforce not only productivity but also some of the highest safety and environmental standards in the sector.

Producing Metals in a Sustainable Way as a Core Principle

Sustainability is embedded in every dimension of Boliden Somincor’s operations. From environmental monitoring to energy and water efficiency practices, the company’s approach reflects Boliden’s group-wide ambition to be a climate-efficient and socially responsible metals producer. The metals extracted at Neves-Corvo play a vital role in renewable energy systems, electric mobility, and modern infrastructure — enabling the transition to a low-carbon economy.

Beyond operations, Boliden Somincor maintains a strong commitment to the local community. The company is the region’s largest employer and works closely with municipalities, schools and social institutions, supporting initiatives in education, entrepreneurship and environmental awareness. This long-term presence has helped foster stability, opportunity and resilience in the Alentejo region.

Being part of the CLS network reinforces Boliden Somincor’s role as a bridge between Sweden and Portugal — showcasing how shared values, industrial know-how, and mutual trust can create lasting value across borders. Through CLS, Boliden Somincor looks forward to strengthening ties with the Swedish business community in Portugal and contributing actively to the dialogue on sustainable industry, innovation, and responsible growth.

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