Zinkgruvan Mining
Zinkgruvan Mining is a Swedish underground zinc and copper mine producing base and precious-metal concentrates, now operating as a wholly-owned subsidiary of Boliden AB following its April 2025 acquisition, with output sold globally to industrial manufacturers and metal traders via Boliden's sales network.
- Company typePrivate
- Founded1857
- HeadquartersZinkgruvan, Sweden
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What Zinkgruvan Mining does
Zinkgruvan Mining Aktiebolag operated the Zinkgruvan underground zinc mine, located in the Nerike region of Örebro County, Sweden, with operational history dating to 1857. The company produced zinc concentrate as its principal product, along with co-product base metals (copper, lead, nickel) and precious metals (gold, silver) recovered through milling and concentration. Following Boliden AB's acquisition completed in April 2025, the asset now operates under the 'Boliden Zinkgruvan' brand and is reported within Boliden's Mines segment, alongside six other active mines (Aitik, Garpenberg, Kevitsa, Somincor, Tara, and the Boliden Area). Boliden reported increased Mineral Reserves at the newly acquired Zinkgruvan unit in its 2025 reserves and resources statement, supporting extended mine-life economics.
The underlying technology consists of conventional underground hard-rock mining (development, stoping, haulage) feeding on-site milling, flotation, and dewatering circuits to produce a saleable zinc concentrate, with copper, lead, and precious metals recovered as by-products from the same orebody. The mine is mid-scale (251-500 employees) and is part of Boliden's vertically integrated Nordic mining and smelting platform, where concentrates from Zinkgruvan can be processed by Boliden-owned smelters including Bergsöe, Harjavalta, Kokkola, Odda, and Rönnskär, reducing intermediation and providing offtake optionality.
Zinkgruvan generates revenue through B2B sales of metal concentrates to industrial manufacturers and metal traders, with pricing determined by prevailing global spot prices rather than disclosed contract terms. Distribution is conducted via Boliden's centralized Metal Sales and Concentrate Sales departments, reaching smelters and downstream industrial buyers globally. End-use demand drivers cited include electric vehicles, mobile phones, and major construction infrastructure — applications tied to the green transition and electrification. As a wholly-owned subsidiary of Boliden AB since April 2025, Zinkgruvan no longer reports financials on a standalone basis; its contribution is now embedded within Boliden's consolidated Mines segment, which delivered SEK 7,978 million for full-year 2025 across the full portfolio.
Zinkgruvan Mining firmographics
Firmographics- Name
- Zinkgruvan Mining
- Legal name
- Zinkgruvan Mining Aktiebolag
- Website
- https://zinkgruvanmining.com
- Company type
- Private
- Founded year
- 1857
- Operating status
- Acquired
- Headcount range
- 251–500 employees
- Short description
- Zinkgruvan Mining is a Swedish underground zinc and copper mine producing base and precious-metal concentrates, now operating as a wholly-owned subsidiary of Boliden AB following its April 2025 acquisition, with output sold globally to industrial manufacturers and metal traders via Boliden's sales network.
- Ownership category
- akta.pro rank
Zinkgruvan Mining industry classification
Industry- Product category
- Base Metals Mining
- NAICS
- Copper, Nickel, Lead, and Zinc Mining (212230), Copper, Nickel, Lead, and Zinc Mining (21223)
- SIC
- Metal Mining (1000)
- akta.pro primary industry
- Nickel Mining & Concentrates (IMAKAFAB)
- akta.pro secondary industries
- Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Mine Development & Processing EPC (Critical Minerals) (IMAKAFAM)
Keywords
Where Zinkgruvan Mining is headquartered
LocationHeadquarters
- HQ city
- Zinkgruvan
- HQ country
- Sweden
- HQ region
- Europe
Markets served
Zinkgruvan Mining business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure
Distribution channels1 record
Zinkgruvan Mining product offering
Product offeringCore offering
Zinkgruvan Mining operates an underground zinc and copper mine in Sweden producing zinc concentrate and other base metals (copper, lead, nickel) along with precious metals (gold, silver). Following Boliden AB's acquisition completed in April 2025, the operation (branded 'Boliden Zinkgruvan') is integrated into Boliden's Mines segment and supplies industrial manufacturers and metal traders globally.
Product overview
Zinkgruvan Mining is a Swedish underground zinc mine producing zinc concentrates and other base metals. Following Boliden's acquisition completed in April 2025, Zinkgruvan operates as part of Boliden's Mines segment alongside other operations including Boliden Aitik, Boliden Garpenberg, Boliden Kevitsa, Boliden Somincor, Boliden Tara, and the Boliden Area. Boliden's overall product portfolio includes base metals (zinc, copper, lead, nickel), precious metals (gold, silver), sulphuric acid, concentrate, and by-products. The company also operates smelters including Boliden Bergsöe, Boliden Harjavalta, Boliden Kokkola, Boliden Odda, and Boliden Rönnskär.
Differentiator
Problem solved
Functional benefit
Products and services
- Zinc Concentrate
Companies that use Zinkgruvan Mining
Customer profileSegments1 record
Ideal customer profiles2 records
Zinkgruvan Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Zinkgruvan Mining partnerships and signals
Strategic signalScale indicators3 records
Recent moves3 records
Expansion highlights3 records
Zinkgruvan Mining competitors and assessment
Company assessmentDirect peers
- Boliden Garpenberg: Boliden's flagship underground zinc-copper-silver mine in Sweden. Most directly comparable to Zinkgruvan as a Nordic underground base-metal mine producing zinc and copper concentrates from similar geology.
- Boliden Tara: Boliden's underground zinc-lead mine in Ireland. Highly comparable as an underground base-metal operation producing zinc and lead concentrates within the same corporate portfolio.
- Somincor (Neves-Corvo): Acquired by Boliden alongside Zinkgruvan in April 2025. An underground copper-zinc mine in Portugal with a multi-metal concentrate profile that directly mirrors Zinkgruvan's product mix.
- Boliden Kevitsa: Boliden's open-pit nickel-copper mine in Finland. Comparable as a Nordic multi-metal base-metal operation within the same parent company's portfolio, though open-pit rather than underground.
- Lundin Mining: Canadian multi-metal miner producing copper, zinc, lead, nickel, and gold from underground operations. Directly comparable as a multi-base-metal underground producer with similar concentrate products.
- Hudbay Minerals: North American miner producing copper, zinc, gold, and silver concentrates from underground and open-pit operations. Comparable in multi-metal concentrate production and B2B smelter off-take model.
- MMG Limited: Global base-metals miner producing copper, zinc, lead, and cobalt concentrates. Comparable as a multi-metal underground miner selling concentrates to smelters globally.
- Trevali Mining: Zinc-focused underground miner historically operating multiple zinc-lead mines. Most directly comparable on the zinc concentrate production model before its 2022 restructuring.
Broad incumbents
- Nyrstar: Major global zinc smelter and multi-metal producer. Comparable as a downstream buyer and producer of zinc and by-products, sharing the same zinc value chain as Zinkgruvan.
- Glencore: One of the world's largest diversified mining and trading companies with significant zinc, copper, lead, and nickel operations. Comparable on the multi-metal production and global concentrate marketing model, though at vastly greater scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Zinkgruvan Mining social profiles
Digital presenceZinkgruvan Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
Zinkgruvan Mining leadership team
Management profileNumber of profiles
Zinkgruvan Mining funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Zinkgruvan Mining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Zinkgruvan Mining
What does Zinkgruvan Mining do?
Zinkgruvan Mining operates an underground zinc and copper mine in Sweden producing zinc concentrate and other base metals (copper, lead, nickel) along with precious metals (gold, silver). Following Boliden AB's acquisition completed in April 2025, the operation (branded 'Boliden Zinkgruvan') is integrated into Boliden's Mines segment and supplies industrial manufacturers and metal traders globally.
Is Zinkgruvan Mining a public or private company?
Zinkgruvan Mining is a private company. It is classified as corporate owned and is currently acquired.
When was Zinkgruvan Mining founded?
Zinkgruvan Mining was founded in 1857. It employs 251 to 500 people.
Where is Zinkgruvan Mining based?
Zinkgruvan Mining is headquartered in Zinkgruvan, Sweden, in the Europe region.
Who are Zinkgruvan Mining's main competitors?
Direct peers on record are Boliden Garpenberg, Boliden Tara, Somincor (Neves-Corvo), Boliden Kevitsa, Lundin Mining, Hudbay Minerals, MMG Limited and Trevali Mining. Broad incumbents are Nyrstar and Glencore.
Does Zinkgruvan Mining have an API?
No public API is recorded for Zinkgruvan Mining.
What industry is Zinkgruvan Mining in?
Zinkgruvan Mining's product category is Base Metals Mining. Its primary akta.pro industry code is IMAKAFAB, Nickel Mining & Concentrates, with a secondary code of IMAKAFAL, Exploration & Resource Development (Critical Minerals). Its NAICS code is 212230 and its SIC code is 1000.