Boliden
Utilizes metal additive manufacturing to produce on-demand spare parts for mining operations, reducing lead times and supply chain carbon footprint.
- CEO / Founder
- Mikael Staffas
- Team Size
- 5001-10000
- Stage
- Active
- Total Funding
- SEK 3.75 billion
- Latest Round
- Share Issue
- Key Investors
- Alecta, Swedbank Robur, Nordea Funds, Fjärde AP-fonden
Technology & Products
Key Products
3D printed bushes; 3D printed brackets; 3D printed drill rig components
Technological Advantage
Decentralized production of spare parts via partner-managed AM facilities (BEAM-IT) to support 3,000-4,000 hour maintenance cycles.
Differentiation
Value Proposition
Enables on-demand production of mining components, reducing the need for physical inventory and long-distance shipping while maintaining 3,000-4,000 hour service life.
How They Differentiate
Boliden differentiates by transitioning from a physical to a digital inventory model, partnering with OEMs like Sandvik to print parts on-demand. This reduces lead times for critical components (e.g., drill rig brackets) from 12+ weeks to under 72 hours and eliminates the carbon footprint of long-distance logistics, a strategy more advanced than peers still reliant on traditional centralized warehousing.
Market & Competition
Target Customers
Internal mining operations
Industry Verticals
Mining
Competitors
Rio Tinto, Anglo American, Fortescue Metals Group
Growth & Milestones
Growth Metrics
Parts for 3,000-4,000 hour maintenance cycles; potential for reduced transport/storage, shorter delivery times, lower carbon footprint
Major Milestones
2022: Proof-of-concept trial with Sandvik; 2022: First 3D printed components installed in Garpenberg mine
Notable Customers
ABB; Alfa Laval; Tata Steel Nederland; Volvo Trucks; Luvata