Presentation - Boliden.com

Expansion of e-scrap
capacity at Rönnskär
Triples Boliden’s e-scrap
recycling capacity
Boliden
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03/05/2010
E-scrap expansion in brief
Investment rationale
 Tight Cu concentrate market
continues
 Big increase in e-scrap supply
Brief description of investment
 E-scrap recycling capacity from
45,000 to 120,000 tonnes per year
 Investment of approx. SEK 1.3
billion
 Expected start up end of 2011/
beginning of 2012
 Increases metal production
– Volume of electronic products
increasing
– Shorter product life cycles
 Proprietary technology
 Leading position within e-scrap
– Gold +2 tonnes
– Silver +32 tonnes
– Copper +14,500 tonnes
recycling
 Increased contribution to
sustainable development
 Synergies with existing production
– More recycling less land fills
– Lower resource usage vs Cu
concentrates
Boliden
– Pay back less than 4 years
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E-scrap recycling within EU – legislation will
drive e-scrap volumes
Existing WEEE*-directive
Target to collect 4 kg per person
and year
2%
6%
9%
11%
WEEE-directive 2016 (not yet
decided)
Target to collect approx. 13 kg per
person and year
20%
32%
19%
The average EU citizen’s electronic
product purchases currently equate
to 24 kg of e-scrap per year
=main source of supply
*WEEE = Waste from electrical
and electronic equipment
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E-scrap smelting vs potential
Canada
EU25
USA
China
Japan
Australia
Electronic scrap potential
Electronic scrap treated
Land fill /stored
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Boliden’s value chain
The smelters use technologies that enable processing of various
kinds of raw material – from mined concentrate to e-scrap
Exploration
Mining
Smelting
1
Customers
2
1. Recyclable (secondary) materials accounts for approx. 24% of
Rönnskär’s feed
2. ... and e-scrap alone accounts for approx. 6% of the feed
After
After the
the expansion,
expansion, e-scrap’s
e-scrap’s share
share of
of Rönnskär’s
Rönnskär’s feed
feed will
will increase
increase
to
to 14%.
14%. Secondary
Secondary materials’
materials’ share
share as
as aa whole
whole will
will increase
increase to
to 31%
31%
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The value chain for electrical and electronic
waste
Collection of e-waste from
industry and households
Inspection/Cleaning
Partition/Fragmentation
Plastic
Separation
Glass
* Types of e-scrap
– WEEE-scrap (e.g. low-grade circuit
boards)
– Granules
– High grade circuit board scrap
– Alloyed scrap with precious metals
– Production waste from machinery
industry
– Telecom scrap
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Aluminium
Iron
E-scrap*
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Rönnskär
Stable foundation for
increased e-scrap capacity
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Rönnskär in brief
 Smelting and refining of metals
from mined concentrate and
secondary materials
 Top-class environmental
performance with lean and
efficient production technology
 Production levels
– Copper
230,000 tonnes
– Lead
30,000 tonnes
– Zinc clinker
40,000 tonnes
– Silver
500 tonnes
– Gold
15 tonnes
– Sulphuric acid 600,000 tonnes
– Liquid SO2
50,000 tonnes
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Primary and secondary materials treated
at Rönnskär
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More than 30 years of experience in e-scrap
smelting and recycling
E‐scrap processed at Rönnskär
Tonnes
140 000
120 000
100 000
80 000
60 000
40 000
20 000
0
1981
Boliden
1986
1991
1996
10
2001
2006
2011
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Material flow at Rönnskär (schematic)
Smelting of
Cu concentrate
Refining
Smelting of
e-scrap
Copper
Gold
Silver
Lead
Zinc clinker
Sulphuric acid
By-products
Energy
 Synergies in processing copper concentrate and e-scrap
 Available process capacity facilitates increased
e-scrap volumes
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Description of
investment
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The existing Kaldo plant
 In operation since 1976
 Smelting e-scrap since 1980
 Flexible unit
 Alternate smelting of e-scrap
and lead concentrate
 Top environmental
performance
 Continuous technology
development
 Capacity – 45,000 tonnes per
year
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The new Kaldo plant
 Kaldo furnace
 Steam boiler
 Gas purification
 Materials handling
 Indoor storage close to
Kaldo plant
 Capacity – 75,000 tonnes per
year
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Location and logistics
 Complies with
disposition plan
 Coordinated logistics for
all raw materials
 Proximity to existing
Kaldo plant enables
existing storage to be
utilised, and operator and
vehicular coordination
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Environmental aspects
Social benefits
 Returning valuable metals to the
eco-cycle, rather than sending
them to landfill
 Recycling metals uses less
energy than refining mined
concentrate
Rönnskär
 Increased energy recycling
 Reduced diffuse dust
 Reduced internal transports
 Increased total CO2 emissions
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Why expand e-scrap processing at Rönnskär?
 Well-known and proven technology
 Experienced personnel
 Best available technology for the environment, health and safety
 Adapts Rönnskär’s production in line with tomorrow’s raw
materials market
 Well-established market network
 Efficient logistics with own harbour and a train shuttle
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Competitors
 Europe
– Aurubis, Hamburg
– Aurubis, Lünen
– Umicore, Hoboken
Boliden
 Rest of the world
– Xstrata, Canada
– Dowa, Japan
Aurubis, Hamburg
Umicore, Hoboken
Aurubis, Lünen
 Biggest “competitors”
– Exports to China and Africa
– Waste deposit instead of recycling
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