BOLIDEN SAYS IT NOW LEADER IN MINING GEAR
Swedish mining and metals group
Boliden AB <BLDS.ST> said the takeover of the U.S.
Allis-Chalmers Corp's <AH.O> mining machinery division made it
the world's leading maker of such equipment.
    President Kjell Nilsson, announcing the 600 mln crown deal,
told a news conference Boliden would now become a truly
international concern with operations in Brazil, Chile and
other big minerals-producing nations.
    He said the Allis-Chalmers' division, accounting for some
50 pct of the U.S. Group's sales, would fit in well into
Boliden.
 REUTER
