Published: 4/24/2026 7:28:28 AM

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Finwire about Xoma AB: Xoma moves forward and launches pilot with Boliden

Xoma, which develops technology for algae cultivation, is moving forward with mining company Boliden and is beginning construction of a first pilot facility at Rönnskär. The project will test the company’s algae-based purification technology for process water in an industrial environment.The pilot facility will verify performance and optimize operation at a relevant scale. The project cost amounts to a maximum of 1 million SEK and is financed by Xoma."This is an important strategic step for Xoma AB. A successful pilot project with an operator like Boliden strengthens our position within circular water purification and algae-based biotechnology for the heavy process industry," the company states and emphasizes that it will provide ongoing updates on how the project develops. Xoma also emphasizes that a full-scale conventional treatment facility for industrial process water with heavy metals often costs hundreds of millions of SEK to build, with significant operating costs.

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