Boliden to restart its Tara zinc mine in Ireland

3rd May 2024

By: Reuters


Font size: - +

STOCKHOLM - Swedish mining group Boliden will restart production at its Tara zinc mine in Ireland after it was paused in 2023, it said on Friday.

The mine was put on care and maintenance last year after prices of the galvanizing metal hit a three-year low, and Boliden begun talks with staff over a planned resumption in the second quarter of this year.

Sources told Reuters in January that Boliden planned to shrink operations and reduce targeted output at the mine.

"An agreement has been reached between worker's unions and local management which enables the process of reopening the mine at Tara on a more financially sustainable basis," Boliden said in a statement on Friday.

The deal includes staff cuts. Boliden said it will book a €30-million restructuring cost for the cuts and other organisational changes in the second quarter.

The total hit to results in the quarter, including previously announced costs for the care and maintenance, will be €43-million.

Boliden said it will start ramping up the mine in the fourth quarter, and expects full production from January 2025.

Edited by Reuters


The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?