New Senior Vice President for Prospecting, Strategy and Business Development, LKAB

Pierre Heeroma has been appointed Senior Vice President for Prospecting, Strategy and Business Development, LKAB. He will assume his new position on 1 May 2018.

"We are very pleased to welcome Pierre Heeroma to LKAB. He will play a very important role in shaping the future of LKAB. A major responsibility, together with group management, will now be to lay the foundations for an LKAB with higher production, more modern methods and higher demands on sustainability before and after the current main levels are mined out," says Jan Moström, LKAB's President and CEO.

"Pierre's background is in geology. He has broad experience from the Swedish and international mining industries and he will head the group's prospecting operations, strategy and business development, reporting directly to me," continues Jan Moström.

Most recently, Pierre Heeroma served as Director Group Strategy & Business Development, Boliden.

"It will be very exciting to work with LKAB's future challenges. Successful prospecting is the basis of all mining companies and the basis of our future strategy. I look forward to taking part in the process of lifting prospecting operations to a new level," says Pierre Heeroma.

Jan Moström and Pierre Heeroma will be available for comments via telephone from 12:00 o'clock noon. Calls will be received by Erika Lindblad.

Erika Lindblad, Stratetic communications officer at LKAB, +46 (0)980 712 41

LKAB is an international high-tech minerals group that mines and upgrades the unique iron ore of northern Sweden for the global steel market. Sustainability is core to our business and our ambition is to be one of the industry’s most innovative, resource-efficient and responsible companies. The group had sales of more than SEK 23 billion in 2017 and employs about 4,100 people in 13 countries. Other group business include industrial minerals, drilling systems, rail transport, rockwork services and property management. www.lkab.com/en

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LKAB is an international high-tech mining and minerals group that mines and upgrades the unique iron ore of northern Sweden for the global steel market. Sustainability is core to our business and our ambition is to be one of the industry’s most innovative, resource-efficient and responsible companies. The group had sales of more than SEK 23 billion in 2017 and employs about 4,100 people in 13 countries. Other group business include industrial minerals, drilling systems, rail transport, rockwork services and property management. www.lkab.com