LKAB

Luossavaara-Kiirunavaara Aktiebolag
Company typeGovernment-owned
IndustryMining
Founded1890 (1890)
Headquarters,
Area served
Worldwide
Key people
Sten Jakobsson
chairman of the board
Jan Moström
president CEO
ProductsIron ore
Fines
Pellets
Minerals
RevenueIncrease 16.200 billion SEK2015
Decrease 7.136 billion SEK – 2015
Decrease 5.686 billion SEK – 2015
Total assetsDecrease 56.028 billion SEK – 2015
Total equityDecrease 32.116 billion SEK – 2015
OwnerGovernment of Sweden100%
Number of employees
4,463 – December 2015
ParentGovernment Office of Sweden
DivisionsMinerals Division
The Mining Division
Special Business Division
SubsidiariesLKAB Berg & Betong
LKAB Fastigheter
LKAB Kimit
LKAB Malmtrafik
LKAB Mekaniska
LKAB Minerals
LKAB Wassara
LKAB Försäkring
LKAB Nät
LKAB Schwedenerz GmbH
WebsiteLKAB.com
Footnotes / references
2015 Year End Report[1]

Luossavaara-Kiirunavaara Aktiebolag (LKAB) is a state-owned Swedish mining company. The company mines iron ore at Kiruna and at Malmberget in northern Sweden. The company was established in 1890, and has been 100% state-owned since the 1950s. The iron ore is processed to pellets and sinter fines, which are transported by Iore trains (Malmbanan) to the harbours at Narvik and Luleå and to the steel mill at Luleå (SSAB). Their production is sold throughout much of the world, with the principal markets being European steel mills, as well as North Africa, the Middle East and Southeast Asia.[2] LKAB's mines supply at least 80% of Europe's iron ore.[3]

  1. ^ "2015 Year End Report" (PDF). LKAB.com. Archived from the original (PDF) on 2016-08-15. Retrieved 2017-01-25.
  2. ^ "LKAB's year-end report will be released tomorrow". LKAB. Archived from the original on 12 July 2012. Retrieved 8 July 2012.
  3. ^ Cockerell, Isobel (December 7, 2023). "In the Swedish Arctic, a battle for the climate rages". Retrieved January 1, 2024.

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