India, Aug. 12 -- Boliden AB (BLS.TO), a Swedish metals, mining, and smelting company, on Wednesday said the Swedish government has rejected two appeals challenging the mining concession for its Laver project. The concession, originally granted in September 2025, allows the extraction of copper, gold, silver and molybdenum.

"This is a very welcome decision. While many steps remain before an investment decision can be made and the mining operations can begin, we strongly believe in the Laver deposit's potential to significantly increase Europe's self-sufficiency within copper - a raw material designated as both strategic and critical by the European Commission. For Boliden, the promising mining conditions at Laver could also heavily contrib...