LKAB increases mineral resources – and reports rare earth metals
After major exploration efforts LKAB can now report a continued increase in mineral reserves and mineral resources and, for the first time, present mineral resources of rare earth metals. Compared to 2020, the reserves have increased by 10 percent and mineral resources have increased by as much as 55 percent. The Per Geijer deposit in Kiruna constitutes a major complement.The iron ore reserves in Kiruna increase from about 700 to more than 800 million tonnes, which means that the life expectancy of the current 1365 main level is extended from 2035 to 2046. In Malmberget the reserves