LKAB implements structural changes with focus on the iron ore business
LKAB has decided on a new group structure. The aim of the reorganization is to place greater focus on iron ore production and to secure sustainable long-term mining operations. At the same time, changes are being made to LKAB's group management.“LKAB faces a new situation. As a consequence of a changed market and falling world-market prices, we must now equip our organization to face new challenges,” says President and Group CEO, Jan Moström.In the new group structure, operations are divided into three divisions. One unit comprises the mine and process plants in Kiruna, one includes the