Continued decentralisation with a new group structure
LKAB is taking the next step in the development of its decentralised organization with a changed group structure. Three divisions will be replaced by two business areas, inter alia in order to distinguish more distinctly between group matters and production matters.The three divisions, Northern Division, Southern Division and Special Products Division will become two business areas, Iron Ore and Special Products. Michael Palo will become Senior Vice President for business area Iron Ore. The structure with production locations will remain, while the new structure within the business areas