Drill and Deal

Deals / Boliden – Neves-Corvo and Zinkgruvan, from Lundin Mining

Zinc, copper · announced 9 December 2024 · completed

Boliden – Neves-Corvo and Zinkgruvan, from Lundin Mining

A smelter group bought mines to secure concentrate for its own plants; the deal closed in April 2025.

Acquirer
Boliden
Target
Neves-Corvo and Zinkgruvan, from Lundin Mining
Announced
Metal
Zinc, copper
Announced value
up to $1.52bn
Structure
Cash, locked box, price-linked payments
Status
Completed