Crisis on the Malmbanan railroad – LKAB is forced to cut production
Although traffic has resumed following this winter's major derailments on Malmbanan – the Ore Railway – stocks of iron ore products have not diminished. Soon, the track-work period begins, which means even lower capacity on the line."We are forced to cut production. Initially, we will reduce production by about one million tonnes per year. But the situation is so serious that, if we cannot run more ore trains, we will have to shut down more operations and lay off personnel," says Jan Moström, LKAB's President and CEO.The derailments, which occurred in December and February, stopped