LKAB increases its shareholding in SSAB
LKAB has today made a notification of an increased shareholding in SSAB, which now corresponds to 5,1 percent of the shares and votes.LKAB and SSAB have an extensive business relationship and joint collaborative projects such as HYBRIT. HYBRIT is an initiative between LKAB, SSAB and Vattenfall with the purpose to create an entirely fossil-free process for steelmaking – from mining to finished steel. A pilot plant will open in Luleå during the third quarter of 2020. LKAB is hence well acquainted with SSAB and has been a shareholder since SSAB's shares were listed on the stock market in 1989.